What's the CPF Full Retirement Sum in 2027?

For anyone turning 55 in 2027, the Full Retirement Sum is $228,200 and the Basic Retirement Sum is $114,100. CPF fixes those two by the year you turn 55, so they stay the same for the rest of your life.

The CPF retirement sums in 2027

Basic Retirement Sum, for those turning 55 in 2027

$114,100

Full Retirement Sum, for those turning 55 in 2027

$228,200

Enhanced Retirement Sum, the most anyone 55 and over can top their Retirement Account up to

$456,400

How 2027 compares with 2026

CPF Board's table of the retirement sums by the year you turn 55: in 2025, Basic $106,500 and Full $213,000; in 2026, Basic $110,200 and Full $220,400; in 2027, Basic $114,100 and Full $228,200.
CPF Board's own table on cpf.gov.sg, captured 11 Nov 2026

So the Full Retirement Sum is $7,800 higher for 2027, and the Basic is $3,900 higher. The Enhanced Retirement Sum goes from $440,800 in 2026 to $456,400 in 2027. It has been four times the Basic Retirement Sum since 1 January 2025, and it rises every year for everyone.

CPF lists the sums only up to 2027, so there's no official figure yet for anyone turning 55 in 2028 or later.

On the 55th birthday

What CPF does with the savings on the 55th birthday

  1. On the birthday

    CPF opens a Retirement Account.

  2. First

    The Special Account savings move into it, up to the Full Retirement Sum.

  3. Then

    The Ordinary Account savings move in, up to the Full Retirement Sum. Anything above that stays in the Ordinary Account and can be withdrawn.

  4. After that

    The Special Account closes, and whatever's left in it moves to the Ordinary Account, where it earns 2.5%.

Red and white HDB blocks in Singapore, seen between two grey buildings

Money meant for a home can stay in the Ordinary Account if your parent applies to reserve it within the six months before the birthday, and CPF asks for at least five working days to process it. The reserved money earns 2.5% in the Ordinary Account, against 4% in the Retirement Account, which CPF says could reduce their monthly payouts. Once savings have moved to the Retirement Account, they can't be used to pay for a home.

If your parent can't set aside the full sum, CPF says they may still be able to withdraw up to $5,000 from 55. A parent who owns a property in Singapore with a lease that lasts until they're at least 95 can use it to cover up to half the Full Retirement Sum and withdraw Retirement Account savings above the Basic sum. If they sell that property later, they'll need to pay back what they withdrew, plus interest, into the Retirement Account.

Interest on their savings in 2027

The least CPF pays in interest in 2027

Special, MediSave and Retirement Accounts, a floor the Government has extended to 31 December 2027

4%

Ordinary Account, its own legal minimum

2.5%

The Government extended the 4% floor in September 2026, and it has been setting it one year at a time.

Extra interest from 55, on a member's combined balances

The first $60,000, of which up to $20,000 can come from the Ordinary Account

Extra 2%Extra 1%
The first $30,000The next $30,000

CPF counts the Retirement Account first, then the Ordinary Account.

If your parent is still working after 55

CPF contribution rates for employees earning more than $750 a month

In 2026

From 1 January 2027

Above 55 to 60

34%

35.5%, with 16.5% from the employer and 19% from the employee

Above 60 to 65

25%

26%

For those above 55 to 60, one point of the increase comes out of their own pay. In both age groups, until a member has the Full Retirement Sum in their Retirement Account, all of the increase goes there, and after that it goes to the Ordinary Account.

Monthly payouts from 65

CPF's estimate of monthly CPF LIFE payouts from 65, for people who turn 55 in 2026, on the Standard Plan and an interest rate of 4%

With the 2026 Full Retirement Sum of $220,400

about $1,780

With the 2026 Basic Retirement Sum of $110,200

about $950

A parent who hasn't met the Basic or Full sum by 55 can still start payouts from 65, though CPF says they may be lower.

CPF LIFE payouts can start at 65, or at any age up to 70, and each year of waiting raises them by up to 7%. If they haven't started by 70, the payouts start automatically then. A member born in 1958 or later is put on CPF LIFE automatically if they have at least $60,000 in retirement savings when payouts start. Anyone who isn't gets monthly payouts that stop when their CPF savings run out, and they can choose to join CPF LIFE any time from 65 to one month before they turn 80.

Lu Jia Jun

My family checklist for a parent turning 55 covers the CPF nomination, the will and the LPA. The family checklist

Sources

If you'd rather go through it with someone

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Lu Jia Jun · Financial Adviser Representative, GEFA · RNF No. LJJ300837068
I do not represent CPF Board, IRAS or any government agency. General information only, not financial advice.