CPF Enhanced Retirement Sum

URI: https://gptkb.org/entity/CPF_Enhanced_Retirement_Sum
GPTKB entity
Statements (28)
Predicate Object
gptkbp:instanceOf CPF retirement scheme threshold
gptkbp:administeredBy gptkb:Central_Provident_Fund_Board
gptkbp:amount2016 SGD 227,200
gptkbp:amount2017 SGD 241,500
gptkbp:amount2018 SGD 249,000
gptkbp:amount2019 SGD 264,000
gptkbp:amount2020 SGD 271,500
gptkbp:amount2021 SGD 279,000
gptkbp:amount2022 SGD 289,200
gptkbp:amount2023 SGD 298,200
gptkbp:amount2024 SGD 308,700
gptkbp:annualEvent Yes
gptkbp:appliesTo CPF members turning 55
gptkbp:currency SGD
gptkbp:eligibility CPF members with sufficient savings
https://www.w3.org/2000/01/rdf-schema#label CPF Enhanced Retirement Sum
gptkbp:introducedIn 2016
gptkbp:lowerAward CPF Basic Retirement Sum plus property pledge
gptkbp:multiplierOfFullRetirementSum 3 times Basic Retirement Sum
gptkbp:partOf CPF Retirement Sum Scheme
gptkbp:purpose higher monthly payouts in retirement
gptkbp:rank CPF Full Retirement Sum
gptkbp:relatedTo gptkb:CPF_LIFE
CPF Basic Retirement Sum
CPF Full Retirement Sum
gptkbp:usedFor CPF LIFE payouts
gptkbp:bfsParent gptkb:Central_Provident_Fund_Board
gptkbp:bfsLayer 6