CPF Updates from 2026: Building Stronger Retirement and Healthcare Savings
The Central Provident Fund (CPF) of Singapore is going to change significantly from January 2026. The changes will include the highest monthly salary limit, contribution rates for older employees will be gradually increased; the Full Retirement Sum is going to be raised, and a new MediSave matching scheme will be established.
These alterations are well-timed since the wages are increasing and the lifespan of a person is getting longer. They assist the entire population, particularly the aged, to keep the funds for retirement and medical expenditures in a safer way without any drastic changes to their lifestyle.
Higher Monthly Salary Ceiling
As of January 2026, the Ordinary Wage ceiling goes up from S$7,400 to S$8,000. Therefore, if your wage exceeds the previous limit, more of it will be subject to CPF contributions.
This is the last phase in a gradual increase that eventually allows the income to catch up with the rise.
Boost for Senior Workers’ Contributions
The CPF contribution rates for people who are between 55 and 65 years old will be increased by 1.5 percentage points in total. The entire amount goes to the Retirement Account until you get the Full Retirement Sum.
This leads to faster growth for the payouts to be received monthly later on.
Updated Full Retirement Sum
For those who will be 55 in the year of 2026, the Full Retirement Sum (FRS) will go up to about S$220,400. The Enhanced Retirement Sum will increase to S$440,800.
These modifications are in line with the rising costs of living and the increasing lifespan of the population.
New Matched MediSave Scheme
There will be a new five-year scheme that will match voluntary cash top-ups to MediSave on a dollar-for-dollar basis, up to S$1,000 per year. The scheme is targeted at citizens aged 55-70 with lower balances.
Topping up by family or anyone else will trigger the match.
Employer Support Offset
To offset the increased costs, the government will extend the CPF Transition Offset, which covers half of the employer’s additional contribution for seniors.
This will help businesses to make the transition smoothly.
Benefits for Your Future
Higher deposits will translate into more interest and deterioration of CPF LIFE payments. Healthcare top-ups also relieve the stress of paying medical bills.
Key CPF Changes Summary
The following table shows the comparison of the main updates:
| Change | 2025 | From 2026 |
|---|---|---|
| Monthly Salary Ceiling | S$7,400 | S$8,000 |
| Contribution Rate (55-60) | Around 32.5% | Around 34% |
| Contribution Rate (60-65) | Around 23.5% | Around 25% |
| Full Retirement Sum (turning 55) | S$213,000 | S$220,400 |
| New MediSave Matching | None | Up to S$1,000/year |
How to Make the Most of It
Start checking your payslip in January. Think of voluntary top-ups for matches or tax credits.
The 2026 CPF updates will not only make your savings more secure through higher ceilings, senior boosts, adjusted sums but also through a new healthcare matching.
Today, log into your CPF account to view your balances, calculate your payouts or plan your top-ups. Small steps now ensure a brighter future!