Singapore’s CPF Special Account Regulations in 2026: Essential Information for You
Singapore’s Central Provident Fund (CPF) Special Account (SA) was the most important part of retirement saving that at the same time, was earning high interest. The major transformation came in the beginning of 2025 when the SA was shut down for all individuals 55 and over.
The rules remain the same as we move to 2026, hence, retirement savings are growing in a simpler manner. This not only enables the money to be used for secure and long-term needs but also providing good returns on the investment.
What was the fate of the Special Account?
In January 2025, the SA was no longer available to members 55 years of age and older. The remaining balances were then transferred: firstly, the Retirement Account (RA) was credited to the Full Retirement Sum, then, any excess balance went to the Ordinary Account (OA).
Until they reach 55, the younger members will have their SA account.
Reasons for the Closure
The government aimed to “right-site” savings – there is a lower interest rate for the Ordinary Account (OA) with flexible money, while committed retirement funds in the Retirement Account (RA) earn the higher rate.
This makes the CPF more user-friendly and motivates better retirement planning.
Interest Rates to Remain High
The 4% floor interest rate for Special, MediSave, and Retirement Accounts will be in effect through the end of 2026.
The Retirement Account savings even after the closure will be eligible for this guaranteed rate of return thus, no worries in the midst of changing market conditions.
New Contribution Policy
New CPF contributions for those 55 years old and above will be directed to RA or OA skipping SA.
Across the accounts, extra interest bonuses are still valid, which in turn, add to the overall growth.
Your Savings Options
You have the option to transfer OA to RA (up to the Enhanced Retirement Sum) to receive the higher rate. This is a non-reversible decision, but the transfer will be advantageous for bigger monthly payouts.
Otherwise, keep it safe in the OA for various other uses such as buying a house.
Special Provisions for Persons with Disabilities
In the year 2026 and onwards, disabled persons of any age that qualify will be able to receive the matching of MRSS on the top-ups to the SA (if less than age 55) or RA.
This creates an opportunity to build savings early, thus support expands.
Comparison Before and After Closure
Below is a table that highlights the main differences for the members aged 55 and above:
| Aspect | Before 2025 (With SA Open) | From 2025 Onward (SA Closed) |
|---|---|---|
| Account Availability | SA open | SA closed |
| Interest on Excess Savings | Up to 4% in SA | 2.5% in OA |
| New Contributions | Part to SA | To RA/OA directly |
| Top-Up Limit (ERS) | 3x Basic Retirement Sum | 4x BRS ($426,000 in 2025+) |
| Withdrawals | Flexible from SA | Mainly from OA |
| 4% Floor Rate | On SA/RA | On RA only |
Planning Ahead in 2026
With the hike in salary ceiling and senior rates, CPF overall growth is surely better. Look at your dashboard to find out how they fit your needs.
The CPF Special Account closure which is now under the 2026 rules simplifies saving and continues to provide a 4% return on retirement funds. The system is designed for easier and more secure planning.
Visit your CPF account today to monitor transfers, forecast payouts, or think about RA top-ups. Take advantage of the certainty these rules provide for your future!