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How to earn good lifelong income from your CPF

CPF Bishan Service Centre at CPF Building in Bishan.

CPF Life is a far cheaper and better annuity than private annuities because its return is much higher dollar for dollar, more stable and will pay you for life.

ZAOBAO FILE PHOTO

Tan Ooi Boon

Retirement planning for many people here just got a boost, thanks to some participants of

the Forward Singapore dialogues

who shared their views on the importance of having a continuous and stable income in old age.

Their input has prompted the Government to look at tweaking the voluntary component of

the CPF Life annuity scheme

to allow members to increase their savings in readiness for their golden years.

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