Under proposed changes to the CPF Act debated in Parliament on 1st November 2021, these are 5 changes to CPF rules that you should know! PS: Number 3 concerns how you can get more tax savings. I'd explain these points in a simplistic manner and the information to changes to CPF rules are accurate as of this time of writing. On the surface, it is likely only 1 or 2 CPF rule changes really affect you. 5 changes to CPF rules #1 Retirement Sum Scheme automatic transfers This mainly impacts Singaporeans who are not in the CPF LIFE because of the amounts in RA. Around 83,000 people under the Retirement Sum Scheme and the payouts will be automatic for them moving forward. If you have enough for Full Retirement Sum FRS, this change does NOT affect you much....