Is it always good to have a lot of money in your CPF? Maybe, maybe not! As the amount of money in your CPF account increases, the amount of interest you get from CPF increase (and they pay pretty high interest). However, as your account balance grow, the effective interest rates you are getting from CPF also decreases. What is Effective Interest Rates? EIR is the total interest you are paid on the total amount of money you have. Eg: Total CPF Interest for the year divided by your total CPF balance (express in percentage). MORE LINKS Accrued Interest More than Housing Profits? What CPF means for those in their 20s? 5 Financial Things to do in your 20s Singapore Finance Minister on Personal Finance Part 2 Reducing CPF Housing Accrued Interest The Christmas Stock Market Rally For money in your Special, Medisave & Retirement Account (SMRA), a) each account will ......