Singapore CPF Calculator
Take control of your financial future with Singapore’s most detailed CPF calculator. Project your retirement balance, optimize contribution strategies, and discover how small changes today can create extraordinary wealth for tomorrow.
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SG CPF Calculator
CPF Board contribution rates & SMRA floor · 2026
CPF Summary
PROJECTIONCPF projection summary
A plain-English read of how the CPF balance compounds at the inputs above — using current CPF Board rates and the 4% SMRA interest floor extended through 31 December 2026.
Account split at retirement
Year-by-year balance projection
How the CPF balance is projected to grow each year, including employer and employee contributions, voluntary top-ups, and compounding interest at 2.5% (OA) and 4% (SA/MA/RA).
| Age | Opening Balance | Annual Contributions | Interest Earned | Closing Balance |
|---|
CPF allocation by age
Per the CPF Board's allocation rate table from 1 January 2026, contributions are first computed for MediSave, then SA/RA, with the remainder going to OA.
Monthly contribution split
FRS benchmark
How the projected Retirement Account balance compares to the 2026 retirement sum benchmarks. The Full Retirement Sum (FRS) is the reference for adequate CPF retirement savings. Per CPF Board.
Retirement sum comparison
Voluntary top-up impact
Compares your current scenario against an additional Retirement Sum Topping-Up (RSTU) contribution. Cash top-ups to SA/RA up to SGD 8,000/yr qualify for tax relief. Per IRAS.
Combined tax relief cap on cash top-ups (self + family member): SGD 16,000 per year. RSTU contributions cannot be withdrawn before retirement age. Per IRAS.
Singapore CPF Rates & Schemes
CPF Board contribution rates, allocation tables, retirement sums, interest rates, and tax-relief caps for 2026 — sourced from CPF Board, IRAS, and MOM.
Contribution Rates
Total CPF contribution rates from 1 January 2026 — rates increased for senior workers aged 55–65.
2026 Retirement Sums
Cohort amounts for members turning 55 in 2026 — fixed for that cohort going forward.
Tax Relief & Top-ups
CPF cash top-ups qualifying for tax relief under the Retirement Sum Topping-Up Scheme (RSTU).
CPF Contribution Rates by Age (from 1 January 2026)
Rates apply to Singapore Citizens and Singapore Permanent Residents (3rd year onwards) earning more than SGD 750/month. The increase for ages 55–65 from 1 Jan 2026 is fully allocated to the Retirement Account up to the FRS, then to OA. Per CPF Board.
| Age Group | Employer | Employee | Total | Change vs 2025 |
|---|---|---|---|---|
| 55 and below | 17% | 20% | 37% | No change |
| Above 55 to 60 | 16% | 18% | 34% | ↑ from 31% |
| Above 60 to 65 | 12.5% | 12.5% | 25% | ↑ from 22% |
| Above 65 to 70 | 9% | 7.5% | 16.5% | No change |
| Above 70 | 7.5% | 5% | 12.5% | No change |
CPF Allocation Rates by Age (from 1 January 2026)
Each month's total CPF contribution is split across the three accounts based on age. Allocation is computed first for MediSave, then SA / RA, with the remainder going to OA. Per the CPF Board allocation rate table.
| Age Group | OA | SA / RA | MA | Notes |
|---|---|---|---|---|
| 35 and below | 62.17% | 16.21% (SA) | 21.62% | Highest OA share — supports housing |
| Above 35 to 45 | 56.77% | 18.91% (SA) | 24.32% | OA share starts decreasing |
| Above 45 to 50 | 51.36% | 21.62% (SA) | 27.02% | SA rises as retirement nears |
| Above 50 to 55 | 40.55% | 31.08% (SA) | 28.37% | Final cohort with active SA |
| Above 55 to 60 | 35.30% | 33.82% (RA) | 30.88% | SA closed — RA active |
| Above 60 to 65 | 14.00% | 44.00% (RA) | 42.00% | Heavy RA + MA focus |
| Above 65 to 70 | 6.07% | 30.30% (RA) | 63.63% | MA prioritised for healthcare |
| Above 70 | 8.00% | 8.00% (RA) | 84.00% | Almost entirely MA |
CPF Retirement Sums & CPF LIFE Payouts
Three retirement sum tiers — BRS, FRS, ERS — set CPF LIFE payout levels from age 65. The 2026 figures apply to Singapore Citizens and PRs turning 55 in 2026, and remain fixed for that cohort. Per CPF Board.
| Sum | Amount (2026) | Estimated CPF LIFE Payout | Eligibility / Notes |
|---|---|---|---|
| Basic Retirement Sum (BRS) | SGD 110,200 | ~SGD 950 / month | Default if property pledged · covers basic living needs in retirement excluding rent |
| Full Retirement Sum (FRS) | SGD 220,400 | ~SGD 1,780 / month | Default for most members · 2× BRS · maximum auto-transfer at age 55 |
| Enhanced Retirement Sum (ERS) | SGD 440,800 | ~SGD 3,180 – 3,410 / month | 4× BRS (raised from 3× in 2025) · voluntary top-up for highest payouts |
Retirement Sums Schedule (cohorts turning 55)
| Year Turning 55 | BRS | FRS | ERS |
|---|---|---|---|
| 2024 | SGD 99,400 | SGD 198,800 | SGD 298,200 (3×) |
| 2025 | SGD 106,500 | SGD 213,000 | SGD 426,000 (4×) |
| 2026 | SGD 110,200 | SGD 220,400 | SGD 440,800 |
| 2027 | SGD 114,100 | SGD 228,200 | SGD 456,400 |
Standard CPF LIFE Plan
- ✓Level monthly payouts throughout retirement
- ✓Higher initial payouts than Escalating Plan
- ✓Most popular CPF LIFE plan
- −No inflation hedge built in
Escalating CPF LIFE Plan
- ✓Payouts increase 2% per year
- ✓Inflation protection over long retirement
- −Starts ~30% lower than Standard Plan
- !Plan choice locked at age 65
CPF Extra Interest
On top of base interest rates, CPF members earn additional interest on their first SGD 60,000 of combined balances — boosting effective returns substantially. Extra interest earned on OA balances is credited to the SA or RA. Per CPF Board.
| Member Age | Balance Tier | Extra Interest | Effective Rate (max) |
|---|---|---|---|
| Below 55 | First SGD 60,000 combined(max SGD 20,000 from OA) | +1% | OA: 3.5% · SMRA: 5% |
| 55 and above | First SGD 30,000 combined | +2% | OA: 4.5% · SMRA: 6% |
| 55 and above | Next SGD 30,000 combined | +1% | OA: 3.5% · SMRA: 5% |
| 55 and above | Above SGD 60,000 | — | OA: 2.5% · SMRA: 4% |
CPF Calculation Formulas
The standard formulas used to compute CPF contributions, allocations, and projected retirement balances.
Monthly CPF Contribution
Cap monthly OW at SGD 8,000, then apply age-based total rate.
Example: SGD 6,000 × 37% = SGD 2,220/month for age ≤55
AW Ceiling
Calculate room remaining for Additional Wages CPF.
If OW totals SGD 96,000, AW ceiling = SGD 6,000 for the year
Account Allocation
First MediSave, then SA/RA, with the remainder going to OA.
Allocation rates differ by age band — see allocation table above
Compound Growth Projection
Annual compounding using OA at 2.5% and SMRA at 4% (floor).
Plus extra interest of up to 5% on first SGD 60,000 combined
Singapore CPF Board Figures at a Glance
Key retirement, healthcare, and contribution figures for the 2026 cohort — sourced from CPF Board and IRAS.
CPF figures over time & by age
CPF Board · 2026Default allocation (under 35)
Retirement Sums & CPF LIFE payout
CPF accounts at a glance
2026 figures| Account | Purpose | Interest Rate | 2026 Cap / Sum |
|---|---|---|---|
Ordinary Account (OA) | Housing, education, investment, insurance, transferable to RA from 55 | 2.50% | No cap |
Special Account (SA) | Retirement savings — closed for members 55+ from 19 Jan 2025; pre-55 receives 4.0% floor + extra interest | 4.00% | Closes at 55 |
MediSave Account (MA) | Hospitalisation, MediShield Life, ElderShield, approved medical insurance premiums | 4.00% | SGD 79,000 |
Retirement Account (RA) | Created at 55 from OA + SA savings; funds CPF LIFE monthly payouts from age 65 | 4.00% | SGD 440,800 (ERS) |
Singapore CPF News & Policy Updates
Latest CPF Board, IRAS, and MOM policy changes — including 2026 contribution rates, retirement sums, healthcare ceilings, and interest-rate decisions.
Ordinary Wage ceiling rises to SGD 8,000 — final phase
From 1 January 2026, the CPF Ordinary Wage (OW) ceiling rises to SGD 8,000 per month — up from SGD 7,400 in 2025. This completes the staged increase from SGD 6,000 (pre-Sep 2023) to SGD 8,000, announced in Budget 2023 to keep CPF coverage in step with rising incomes.
Key figures from 1 January 2026
- OW ceiling: SGD 8,000/month (up from SGD 7,400)
- Annual Salary Ceiling (OW + AW): SGD 102,000 — unchanged
- CPF Annual Limit (mandatory + voluntary contributions): SGD 37,740 — unchanged
- Effective date: Wages paid from 1 January 2026 onwards
What changes for employees
Employees earning above SGD 7,400 now receive CPF contributions on an additional SGD 600 of monthly wages — increasing total monthly CPF inflows by up to SGD 222 for the ≤55 age band.
What employers need to do
Update payroll systems to reflect the SGD 8,000 OW cap from January 2026. The Annual Salary Ceiling and CPF Annual Limit are unchanged.
Contribution rates rise for ages 55–65
CPF contribution rates increase for employees aged 55–60 and 60–65 from 1 January 2026 — completing the multi-year package announced in 2023. The full increase is channelled to the Retirement Account up to the Full Retirement Sum.
Total contribution rates — from 1 January 2026
- Age ≤55: 37% (17% employer + 20% employee) — unchanged
- Age 55–60: 34% (16% employer + 18% employee) — up from 31%
- Age 60–65: 25% (12.5% employer + 12.5% employee) — up from 22.5%
- Age 65–70: 16.5% (9% employer + 7.5% employee) — unchanged
- Above 70: 12.5% (7.5% employer + 5% employee) — unchanged
Where the increase goes
The full rate increase is allocated to the Retirement Account up to the FRS. Once the FRS is reached, any excess flows to the Ordinary Account.
Why it matters
For an employee aged 57 earning SGD 6,000/month, the 3 ppt total rate increase adds approximately SGD 2,160 in extra annual CPF contributions to the RA.
2026 Retirement Sums — BRS 110,200 · FRS 220,400 · ERS 440,800
Retirement sums for the cohort turning 55 in 2026 are revised upward by approximately 3.5% — in line with rising costs and longer life expectancy. The Enhanced Retirement Sum (ERS) is now 4× BRS, following the policy change effective from 1 January 2025.
Cohort turning 55 in 2026
- Basic Retirement Sum (BRS): SGD 110,200 (up from SGD 106,500 in 2025)
- Full Retirement Sum (FRS): SGD 220,400 (= 2 × BRS)
- Enhanced Retirement Sum (ERS): SGD 440,800 (= 4 × BRS)
- Year-on-year change: approximately +3.5%
- 2027 outlook: CPF Board projects BRS SGD 114,200, FRS SGD 228,400, ERS SGD 456,800
Estimated CPF LIFE Standard Plan payouts (from age 65)
BRS: approx. SGD 950/month · FRS: approx. SGD 1,780/month · ERS: approx. SGD 3,180–3,410/month — paid for life.
Why 4× BRS for ERS
From 1 January 2025, the ERS multiplier was raised from 3× BRS to 4× BRS, allowing members to top up further for higher monthly payouts.
Basic Healthcare Sum rises to SGD 79,000
The Basic Healthcare Sum (BHS) — the maximum balance held in the MediSave Account for members below 65 — increases to SGD 79,000 for 2026, up from SGD 75,500 in 2025.
BHS 2026 details
- BHS for 2026: SGD 79,000 (up SGD 3,500 from 2025)
- Year-on-year change: +4.6%
- Applies to: Members below 65 — fixed for the cohort once they turn 65
- Members turning 65 in 2026: BHS locked at SGD 79,000 for life
What happens after BHS is reached
Further MediSave allocations are channelled to the Special Account (before 55) or Retirement Account (55+) up to the FRS — with any excess flowing to the OA.
Tax relief still available
Voluntary MediSave top-ups still qualify for tax relief, subject to the recipient's BHS headroom and the SGD 80,000 personal income tax relief overall cap.
SMRA 4% interest floor extended through December 2026
The CPF Board confirms the 4% per annum floor on Special, MediSave and Retirement Account interest is extended through 31 December 2026. Q1 and Q2 2026 SMRA rates are paid at 4.00% — the regulatory floor.
2026 CPF interest rates
- Ordinary Account (OA): 2.50% per annum (statutory minimum)
- Special / MediSave / Retirement Accounts (SMRA): 4.00% p.a. (Q1–Q2 2026)
- Floor extension: 4% SMRA floor extended through 31 December 2026
- SMRA reference formula: higher of 4% or the 12-month average yield of 10-year Singapore Government Securities + 1%
Extra interest — under 55
+1% on the first SGD 60,000 of combined balances, capped at SGD 20,000 from OA. Credited to the SA.
Extra interest — 55 and above
+2% on the first SGD 30,000 plus +1% on the next SGD 30,000 of combined balances. Credited to the RA.
CPF allocation rates updated for 2026
CPF Board has published the updated allocation table effective from 1 January 2026 — covering how each month's contribution is split across the OA, SA/RA, and MA accounts by age band.
Allocation rates from 1 January 2026 — share of total contribution
- Age ≤35: OA 62.17% · SA 16.21% · MA 21.62%
- Age 35–45: OA 56.77% · SA 18.91% · MA 24.32%
- Age 45–50: OA 51.36% · SA 21.62% · MA 27.02%
- Age 50–55: OA 40.55% · SA 31.08% · MA 28.37%
- Age 55–60: OA 35.30% · RA 33.82% · MA 30.88%
- Age 60–65: OA 14.00% · RA 44.00% · MA 42.00%
- Age 65–70: OA 6.07% · RA 30.30% · MA 63.63%
- Above 70: OA 8.00% · RA 8.00% · MA 84.00%
Method note
From age 55, contributions to "SA" flow to the RA up to the FRS. Once the FRS is reached, the RA portion is redirected to OA. Allocation is computed first for MA, then SA/RA, with the remainder to OA.
Reference
The full PDF table is published on the CPF Board employer site and applies to all CPF contributions for wages paid on or after 1 January 2026.
Special Account closed for members aged 55 and above
From 19 January 2025, the CPF Special Account was closed for members aged 55 and above. SA savings were transferred to the Retirement Account up to the prevailing FRS, with any excess transferred to the Ordinary Account.
What changed
- Effective: 19 January 2025 — for members aged 55 and above
- Transfer hierarchy: SA → RA up to the FRS → OA for any excess
- Going forward: All SMRA-rate contributions for members 55+ now flow to the RA (up to FRS) instead of the SA
- Members below 55: SA continues to operate as before, earning the 4% SMRA floor
Why the change
Consolidates retirement savings for members 55+ into the RA — the account that funds CPF LIFE monthly payouts — simplifying retirement planning.
Impact on extra interest
Extra interest of +2% on the first SGD 30,000 and +1% on the next SGD 30,000 (for members 55+) continues to be credited to the RA, which has replaced the SA in this role.
Enhanced Retirement Sum raised to 4× BRS
From 1 January 2025, the Enhanced Retirement Sum (ERS) was raised from 3× BRS to 4× BRS — allowing members to voluntarily top up further for higher CPF LIFE monthly payouts.
Change at a glance
- Pre-2025: ERS = 3 × BRS
- From 1 January 2025: ERS = 4 × BRS
- 2025 ERS: SGD 426,000 (vs SGD 308,700 under the old multiplier)
- 2026 ERS: SGD 440,800
- Higher CPF LIFE payouts: ERS at age 55 funds approximately SGD 3,180–3,410/month from age 65 (Standard Plan, 2026 cohort)
Tax relief unchanged
Cash top-ups under RSTU continue to qualify for tax relief — up to SGD 8,000/year self plus SGD 8,000/year for family, capped at the SGD 80,000 personal income tax relief overall.
Method note
The unified 4× BRS / 2× FRS indexing applies to all retirement sum cohorts from 2025 onwards.
CPF LIFE Basic Plan closed to new joiners
From 1 January 2025, the CPF LIFE Basic Plan was closed to new joiners. Members reaching 65 from 2025 onwards can choose between the Standard Plan (default) and Escalating Plan.
The two active CPF LIFE plans
- Standard Plan (default): level monthly payouts. Higher initial payout. Most common choice.
- Escalating Plan: payouts start ~20–25% lower, increase 2% each year — designed to offset inflation over the retirement horizon.
- Existing Basic Plan members: unaffected — current Basic Plan payouts continue as scheduled.
- Plan selection deadline: by age 65 (auto-defaulted to Standard Plan)
Deferment option
Payouts can be deferred up to age 70 — increasing the lifelong monthly payout by approximately 7% per year of deferment.
Bequest
If a member passes away, any remaining CPF LIFE premium plus accrued interest is paid as a bequest to nominated beneficiaries.
CPF top-up tax relief — up to SGD 16,000 combined
CPF cash top-ups under the Retirement Sum Topping-Up Scheme (RSTU) continue to qualify for tax relief — subject to the SGD 80,000 personal income tax relief overall cap set by IRAS.
Tax relief on CPF cash top-ups
- Self top-up to SA / RA: up to SGD 8,000 per year
- Family top-up to SA / RA: up to SGD 8,000 per year (parents, grandparents, spouse, siblings, parents-in-law)
- Combined cap: SGD 16,000 per year
- MediSave voluntary top-up: capped by recipient's BHS headroom — separately qualifies for relief
- Personal income tax relief overall cap: SGD 80,000 per Year of Assessment
Lock-in
RSTU cash top-ups to SA or RA cannot be withdrawn before the recipient reaches age 55 — they are reserved for retirement.
How to top up
Cash top-ups via PayNow QR, internet banking, or direct GIRO at cpf.gov.sg. Tax relief is auto-applied in the recipient's Notice of Assessment.
Singapore CPF — Frequently Asked Questions
Common questions about CPF contribution rates, retirement sums, CPF LIFE payouts, and tax relief — answered with current 2026 figures from CPF Board and IRAS.
Important Disclaimer
For educational and informational purposes only. This calculator produces estimates based on the inputs provided and CPF Board figures effective from 1 January 2026. Total contribution rates by age are 37% (≤55), 34% (55–60, increased from 31% in 2025), 25% (60–65, increased from 22.5% in 2025), 16.5% (65–70), and 12.5% (above 70). The Ordinary Wage ceiling is SGD 8,000 per month and the Annual Salary Ceiling is SGD 102,000, with a CPF Annual Limit of SGD 37,740. For the 2026 cohort turning 55, the Basic Retirement Sum is SGD 110,200, the Full Retirement Sum is SGD 220,400, and the Enhanced Retirement Sum is SGD 440,800 (4× BRS). The Basic Healthcare Sum is SGD 79,000. The Special Account closed for members aged 55 and above from 19 January 2025, with savings transferred to the Retirement Account up to the FRS and any excess to the Ordinary Account. CPF LIFE Standard Plan payout estimates assume the cohort turning 55 in 2026 and are subject to revision by CPF Board.
No warranty of accuracy. While Money Snap takes reasonable care to source figures from official authorities (CPF Board, IRAS, MOM), this calculator is provided "as is" without any express or implied warranty as to accuracy, completeness, timeliness, or fitness for any particular purpose. CPF rates, retirement sums, healthcare sums, allocation rates, and CPF LIFE payouts are reviewed and revised by CPF Board — figures shown may be out of date. Individual circumstances, residency status, voluntary contributions, top-ups, property pledges, and self-employed status not captured by the inputs may materially affect actual CPF account balances and CPF LIFE outcomes.
Not financial advice. Information provided is general in nature only and does not take into account your personal objectives, financial situation, or needs. Results do not constitute financial, tax, or retirement-planning advice, and use of this calculator does not create an advisory relationship. Before acting on any figure shown, obtain personal advice from an MAS-licensed financial adviser, consult IRAS for tax matters, or refer to your official CPF statement at cpf.gov.sg for authoritative balances and projections.
Limitation of liability. To the maximum extent permitted by law, Money Snap accepts no liability for any loss, damage, cost, or expense — direct or indirect — arising from reliance on this calculator or the information it produces. Users are responsible for verifying all figures with the CPF Board and IRAS before relying on them. Use of this calculator is subject to our Terms of Use.
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