From the day you start to work, you have been contributing to your 3 CPF accounts.

The Full Retirement Sum (FRS) is the "usual" amount you have to lock up when you reach the Age55.

If you have more than the Full Retirement Sum (FRS), you can withdraw the excess at Age 55!

Some history of the withdrawal limit from CPF

Before I can answer that question fully, knowing the history of the withdrawal limits imposed which is defined by the Minimum Sum (before 2016) or Full Retirement Sum FRS  (current standard) will be helpful.

The FRS will be gradually increased to reach a level of savings that a lower-middle income household would need for basic retirement expenses.

FRS is destined to increase, regardless you like it or not.

The incremental rate over the...