How to earn good lifelong income from your CPF

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
New: Gift this subscriber-only story to your friends and family

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 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.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

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

Join ST's Telegram channel and get the latest breaking news delivered to you.