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How to get monthly payouts of over $3,300 from newly enhanced CPF Life

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CPF members can now save for a viable and guaranteed retirement plan that will pay handsomely in old age.

CPF members can now save for a viable and guaranteed retirement plan that will pay handsomely in old age.

PHOTO: ST FILE

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Getting monthly payments of more than $3,300 to even $4,000 in retirement might sound too good to be true, but it’s certainly doable if you make use of the newly enhanced CPF Life scheme.

The change to the national lifelong annuity scheme should be welcome news to CPF members because they can now save for a viable and guaranteed retirement plan that will pay handsomely in old age.

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