The first $60,000 in your combined CPF balances, with up to $20,000 from your Ordinary Account (OA), will earn an extra interest of 1%. The minimum CPF interest rates for 2008 and 2009 are as follows: To earn more interest, consider the following: If you are currently below age 55: Leave your CPF savings in your accounts to earn the extra interest. Transfer savings from your Ordinary Account (OA) to the Special Account (SA). Make a voluntary cash contribution. If you are currently above age 55: Top up your Minimum Sum (MS). Keep at least $30,000 in your Retirement Account. CPF Reforms and Other Measures to Help Older Singaporeans Improve Retirement Adequacy and Work Longer- More Details- A Simple Guide To CPF And Other Changes: More $ For Your Retirement Past CPF Changes: Increase in CPF Minimum Sum, Medisave Minimum Sum and Medisave Contribution Ceiling Reminder - Upcoming CPF Changes From 1 January 2007 CPF changes from 1 July 06 to improve members' retirement adequacy Other CPF Changes
The first $60,000 in your combined CPF balances, with up to $20,000 from your Ordinary Account (OA), will earn an extra interest of 1%. The minimum CPF interest rates for 2008 and 2009 are as follows:
