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D

Yearly amount of extra interest credited to CPF members

Description

Central Provident Fund Board annual CSV of extra interest credited to CPF members from 2008 through 2025. Covers the extra 1% on the first $60,000 of combined balances (from 2008) and the additional 1% on the first $30,000 for members aged 55 and above (from 2016). Retirement-policy analysts track the yearly cost of Singapore’s enhanced CPF interest top-ups, rounded to the nearest hundred thousand dollars.

Official description

Interest is computed monthly, compounded and credited yearly. Refers to an extra 1% interest paid on the first $60,000 of a member's combined balances (with up to $20,000 from Ordinary Account) (implemented in 2008), and an additional 1% extra interest on the first $30,000 of their combined balances (with up to $20,000 from Ordinary Account) for CPF members aged 55 years and above (implemented in 2016). Figures are rounded to the nearest hundred thousand dollars.

Last updated
Coverage
2008-12-01 – 2025-12-31
Rows
18
Columns
2

Data

Yr Interest Amt
2008 811000000
2009 877300000
2010 937500000
2011 1001200000
2012 1091000000
2013 1115400000
2014 1157900000
2015 1199800000
2016 1476900000
2017 1548300000
2018 1615500000
2019 1681500000
2020 1748600000
2021 1813800000
2022 1874700000
2023 1928300000
2024 1942300000
2025 1993600000

Columns

Column Type Categorical
Yr Text No
Interest Amt Text No