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CPF LIFE is a scheme that will provide lifelong income for our elderly in their retirement. It is an improvement over the current Minimum Sum Scheme (MSS) where payouts only last about 20 years.
You can sign up for CPF LIFE if you are between 55 and 80 years old with savings in your Retirement Account. There are currently 4 plans under CPF LIFE – the LIFE Plus, LIFE Balanced, LIFE Basic and LIFE Income Plans.
| CPF Redesign
As announced in the Committee of Supply (COS) Speech by the Government in March 2012, the CPF LIFE scheme will be simplified this year to offer two plans – the LIFE Standard Plan and LIFE Basic Plan.
Press Release (5 March 2012) FAQs on Simplified CPF LIFE scheme
More information on the plans will be released in September 2012. |
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If you are born before 1958, you may choose to sign up for CPF LIFE now. We suggest, though, that you consider making a decision only after the details of the two new plans are released in September 2012.
For a quick overview of what CPF LIFE is, read this brochure.
 Other Languages : Chinese | Malay | Tamil |
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| Calculate your lifelong income and L-Bonus with the CPF LIFE Payout Estimator. Please note that if you are already a CPF LIFE participant, the estimator is not applicable to you. You may send an email to member@cpf.gov.sg or call the CPF Call Centre at 1800-227-1188 for enquiries on your CPF LIFE plan. |
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If you are interested to join CPF LIFE, please read the CPF LIFE Information booklet which will provide you with detailed explanations of the scheme and how it works:
Understanding Your CPF LIFE Plan
 Other Languages : Chinese | Malay | Tamil
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Alternatively, join us at the CPF LIFE Roadshows and Talks! Please click here to find out more about the events. |
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| If you wish to sign up for any of the existing CPF LIFE plans, you can do so by submitting an online application via my cpf Online Services (under My Requests) using your SingPass. |
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Additional information: |
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E-mail: member@cpf.gov.sg CPF Call Centre: 1800-227-1188 |
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