Can self-employed individuals benefit from the CPF contributions towards their full retirement sum? Yes, self-employed individuals are eligibility for CPF contributions towards their full retirement sum. By contributing regularly, they can accumulate savings that help them meet the required amount for a...
Basic Retirement Sum or Full Retirement Sum (FRS = BRS x 2) orEnhanced Retirement Sum (ERS = BRS x 3). Whenever a Singaporean turns 55, the OA and SA will combine to make the Retirement Account. The CPF member will draw a lump sum, leaving the retirement sum behind in the RA to ...