At age 65 with ERS n have an option to join cpflife b4 age 80. Planning for age 70 monthly withdraw as it is compulsory. Q1. For cpf life Basic plan (to benefits my bequest) is it more benefits to join cpf life Basic plan at age 70 or 79+. Q2. For Basic plan, how many percent of my ERS go into the lifepool. Is it 20%? Q3. If I pass on at age 85 will the balance ERS + the interest earned go to my bequests or only the balance ERS but no the earned interest. Thank you
Hi @angtenglai1097, Our website provides comprehensive info on CPF matters. The answers that you need can be found in the FAQ(s) below: www.cpf.gov.sg/service/article/do-i-have-to-join-cpf-life www.cpf.gov.sg/service/article/how-does-the-cpf-life-basic-plan-work www.cpf.gov.sg/service/article/how-much-cpf-life-premium-balance-will-my-beneficiaries-receive-when-i-pass-away www.cpf.gov.sg/service/article/what-will-happen-to-my-cpf-life-unused-premium-and-interest-when-i-pass-away If you require further clarification on your CPF LIFE matters, we’ll need some personal information from you to better check and assist on your case. Please share more details with us via cpf.gov.sg/member/contact-us. Thank you.
Hi @R6ex, If you are above 55 with no CPF LIFE plan, you can use our Monthly Payout Estimator (cpf.gov.sg/member/tools-and-services/calculators/monthly-payout-estimator) to help you estimate your monthly payouts based on your CPF balances and desired payout start age. If you already have a CPF LIFE plan, this estimator is not applicable to you. Visit our Plan my monthly payouts service (cpf.gov.sg/member/tools-and-services/forms-e-applications/plan-my-monthly-payouts) instead. Alternatively, you can write to us (cpf.gov.sg/service/feedback) to enquire on your monthly payouts. If you are below 55, please use the Retirement Payout Planner (cpf.gov.sg/member/tools-and-services/planners/cpf-planner-retirement-income.html) to help with your retirement planning. Thank you.
At age 65 with ERS n have an option to join cpflife b4 age 80. Planning for age 70 monthly withdraw as it is compulsory. Q1. For cpf life Basic plan (to benefits my bequest) is it more benefits to join cpf life Basic plan at age 70 or 79+. Q2. For Basic plan, how many percent of my ERS go into the lifepool. Is it 20%? Q3. If I pass on at age 85 will the balance ERS + the interest earned go to my bequests or only the balance ERS but no the earned interest. Thank you
Hi @angtenglai1097,
Our website provides comprehensive info on CPF matters. The answers that you need can be found in the FAQ(s) below:
www.cpf.gov.sg/service/article/do-i-have-to-join-cpf-life
www.cpf.gov.sg/service/article/how-does-the-cpf-life-basic-plan-work
www.cpf.gov.sg/service/article/how-much-cpf-life-premium-balance-will-my-beneficiaries-receive-when-i-pass-away
www.cpf.gov.sg/service/article/what-will-happen-to-my-cpf-life-unused-premium-and-interest-when-i-pass-away
If you require further clarification on your CPF LIFE matters, we’ll need some personal information from you to better check and assist on your case. Please share more details with us via cpf.gov.sg/member/contact-us. Thank you.
Your online CPF Payout Estimator calculator not working for a long time already. Fix it!
Hi @R6ex,
If you are above 55 with no CPF LIFE plan, you can use our Monthly Payout Estimator (cpf.gov.sg/member/tools-and-services/calculators/monthly-payout-estimator) to help you estimate your monthly payouts based on your CPF balances and desired payout start age.
If you already have a CPF LIFE plan, this estimator is not applicable to you. Visit our Plan my monthly payouts service (cpf.gov.sg/member/tools-and-services/forms-e-applications/plan-my-monthly-payouts) instead. Alternatively, you can write to us (cpf.gov.sg/service/feedback) to enquire on your monthly payouts.
If you are below 55, please use the Retirement Payout Planner (cpf.gov.sg/member/tools-and-services/planners/cpf-planner-retirement-income.html) to help with your retirement planning.
Thank you.