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CPF Life provides you with monthly payouts for as long as you live. The amount you put in will determine how much you will be getting. If you do not hit the CPF Full Retirement Sum(FRS), you will be eligible to withdraw 5k, while the rest will be given in the form of monthly payout.
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Hariz Arthur Maloy
06 Jun 2019
Independent Financial Advisor at Promiseland Independent
Yes as long as you have more than 20k in your OA + SA Accounts. CPF Life will pay a pro rated amount...
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