Blue

25 Feb 2020

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Since there is a option to buy CPF LIFE Additional Annuity, can I buy 2x FRS CPF LIFE or is it up to ERS limit?

What are the permutations that I can be looking at?

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Jason Sing

25 Feb 2020

School Of Hard Knocks And Life at School Of Hard Knocks And Life

There are only 3 permutations for CPF Life, depending on the amount of savings one would like to have in the retirement account at the age of 55 and the amount of payouts one would like to receive during old age. It could be Basic Retirement Sum (BRS), Full Retirement Sum (FRS) and Enhanced Retirement Sum (ERS). If you have more than sufficient funds in your retirement account and would like to opt for higher payout, you could choose ERS.

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Aaron Leow

25 Feb 2020

For now, the ERS limit.

Click here to find out more about me!

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