Singapore’s Central Provident Fund (CPF) is like a base of a pyramid on which retirement, healthcare, and housing needs are built up. The year 2025 will see significant changes, such as the closing of the Special Account and the raising of the retirement sums, which will result in even stronger savings as life expectancy increases.
These changes are of great significance right now at the end of 2025 since they determine the rate of growth of your money and the time of its access. It is wise to start planning early for a comfortable retirement.
Big Change: Special Account Closure
As of January 2025, the Special Account (SA) ceased to exist for persons aged 55 and older. The funds were moved to the Retirement Account (RA) up to the Inclusion Obtaining Years limit, with the extra going to the Ordinary Account (OA).
This makes the process easier and puts more emphasis on secure retirement payouts.
Higher Enhanced Retirement Sum
The Enhanced Retirement Sum (ERS) was raised to Singapore dollars (S$)426,000 in the year 2025 (4 times the Basic Retirement Sum).
This gives the opportunity to top up more for higher monthly CPF LIFE payouts.
Aging to ERS could yield about S$3,300 per month starting from 65.
Boosted Contributions for Seniors
In 2025 the contributions of workers in the age group of 55-65 years will increase by 1.5% with a larger part going to RA.
This will result in quicker accumulation of funds for older people.
On the other hand, the companies will receive offsets to help with the situation.
Guaranteed Interest Rates
In 2025, OA will get an interest rate of 2.5%, while RA and its counterparts will continue to earn a floor rate of 4%.
With that timing and the extra bonuses, the first balances could be as high as 6%.
Without a doubt, stable and insured growth comes out on top compared to a lot of other options.
Matched Retirement Savings Scheme Enhanced
The MRSS program now provides matching funds up to S$2,000 per year allowed for seniors (lifetime S$20,000) and even beyond age 70.
This is a great way to replenish your savings.
CPF LIFE and Payouts Unchanged
A retiree’s income starts at 65, with the option to delay for a year in exchange for a higher amount.
CPF LIFE, the scheme provides the income for life.
The retirement age remains the same despite other changes that have occurred.
2025 Retirement Sums Overview
So, here is a table for people who are turning 55 in the year 2025:
| Sum Type | Amount | Monthly Payout Estimate (from 65) |
|---|---|---|
| Basic Retirement Sum | ~S$106,500 | S$800–S$1,000 |
| Full Retirement Sum | ~S$213,000 | S$1,600–S$1,800 |
| Enhanced Retirement Sum | S$426,000 | S$3,000–S$3,300 |
Planning Tips
Log onto your dashboard, consider deposits, and if it fits your situation transfer OA to RA.
The Singapore 2025 CPF changes, such as the closure of SA and higher ERS, will help in making retirement planning simpler and more lucrative as the growth will be directed.
Visit cpf.gov.sg now to not only see your statement but also use the planner or check out the top-ups. Let the saving maximization process begin!