51% of CPF Members at 55 met RRS

June 24, 2022

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2.1m No. of Active CPF Members
4.1m No. of CPF Members
(2021 Q4)
51% of CPF Members at age 55 met the Required Retirement Sum (RRS) (entirely in cash or with property of up to half of the Full Retirement Sum) (FRS currently (2022) is $192,000)) in 2020
Note: An active member refers to a person who has at least one CPF employment contribution paid for him for the current or for any of the preceding 3 months. Excludes self-employed who are not employees concurrently[Original size] open keep opening to more & more countries with lesser & lesser restrictions (7)
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About the Author

Leong
Leong Sze Hian has served as the president of 4 professional bodies, honorary consul of 2 countries, an alumnus of Harvard University, authored 4 books, quoted over 1500 times in the media , has been a radio talkshow host, a newspaper daily columnist, Wharton Fellow, SEACeM Fellow, columnist for theonlinecitizen and Malaysiakini, executive producer of Ilo Ilo (40 international awards), Hotel Mumbai (associate producer), invited to speak more than 200 times in about 40 countries, CIFA advisory board member, founding advisor to the Financial Planning Associations of 2 countries. He has 3 Masters, 2 Bachelors degrees and 13 professional  qualifications.