Understand CPF Usage & CPF Rulings

Updated: Sep 1

Central Provident Fund (CPF) is a comprehensive social security system that enables working Singapore Citizens and Permanent Residents to set aside funds for retirement.

CPF Basic Retirement Sum

Above Age 55 The CPF basic retirement sum (BRS) is the amount a Singaporean must set aside in his Retirement Account (RA), for retirement needs. It need not be all in cash. Up to 50% of BRS can be a property pledge.

Below Age 55 If you own a property bought with CPF and buy second property with CPF, you must set aside in your Ordinary & Special Accounts half of the Full Retirement Sum.