Written Answer to PQ on Retirement Account Top-Ups to CPF LIFE

NOTICE PAPER NO. 349 OF 2025 FOR THE SITTING ON OR AFTER 14 JANUARY 2026
QUESTION NO. 748 FOR WRITTEN ANSWER

MP: Assoc Prof Jamus Jerome Lim

To ask the Minister for Manpower (a) whether the CPF Board will consider allowing CPF LIFE members topping up their Retirement Accounts (RA) to opt out of using part or all of the top-up amount for paying CPF LIFE premiums, provided that the member has sufficient RA balance for a minimum annuity payout; and (b) if not, why not.

Answer:

1. Top-ups to the Retirement Account (RA) which earn the RA’s higher long-term interest rate should be committed for the long-term retirement needs of members. CPF LIFE members who top up their RA will thus have their full top-ups streamed out as higher monthly payouts via CPF LIFE throughout their retirement.