CPF LIFE

GPTKB entity

Statements (24)
Predicate Object
gptkbp:instanceOf national annuity scheme
gptkbp:administeredBy gptkb:Central_Provident_Fund_Board
gptkbp:age born in 1958 or later
gptkbp:country gptkb:Singapore
gptkbp:enrollment automatic for eligible members
gptkbp:fundedBy CPF Retirement Account savings
gptkbp:guarantees payouts for life
https://www.w3.org/2000/01/rdf-schema#label CPF LIFE
gptkbp:launched 2009
gptkbp:optOutOption not available
gptkbp:payoutOptions Basic Plan
Escalating Plan
Standard Plan
gptkbp:payoutStartAge 65
as early as 65
gptkbp:provides lifelong monthly payouts
gptkbp:relatedTo CPF Retirement Account
CPF Retirement Sum
gptkbp:replacedBy Minimum Sum Scheme
gptkbp:targetAudience gptkb:Permanent_Residents
gptkb:Singapore_Citizens
gptkbp:website https://www.cpf.gov.sg/Members/Schemes/schemes/retirement/cpf-life
gptkbp:bfsParent gptkb:Central_Provident_Fund_Board
gptkbp:bfsLayer 6