The nest egg that members set aside in their Central Provident Fund (CPF) Retirement Account will be used to provide them with monthly payouts once they reach their payout eligibility age (PEA). This is 65 years old for those born from 1954 onwards.
Recently, some CPF members were confused about when they can start receiving their monthly payouts.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you