Singapore Retirement: What is CPF Life & 5 facts of CPF Life

What is CPF Life?

According to CPF, it is CPF Lifelong Income For The Elderly (CPF LIFE) Scheme a longevity insurance scheme that insures you against running out of your retirement savings. Thus, the objective of CPF Life is to provide CPF members a monthly income for as long as they live to supplement their retirement expenses. (more…)