It is little more difficult to get information on the older Retirement Sum Scheme. Here is my summary after spending some time Googling. If you don’t want to rely on my “rojak” research skills, there is always the Central Provident Fund Act which is the authoritative source of information.

I actually drafted this post last week and I thought I’ll add a snippet here because very recently, there was a controversial article regarding a letter sent out by CPF Board. I don’t wanna give traffic to the original source so this will have to do – Dollars & Sense is legit.

Friendly reminder that this is for Retirement Sum Scheme and not CPF Life.

The Retirement Sum Scheme provides CPF members a monthly income to support a basic standard of living during retirement. The Retirement Sum Scheme is different from the CPF Life Scheme. To better mitigate