The FRS is adjusted by the CPF Board annually and will depend on the year you turn 55 and is fixed for the rest of your life. For example, for those turning 55 in 2023, the FRS is S$198,800 and will ...

CPF members over 55 can take out excess CPF savings if they have set aside their cohort’s Full Retirement Sum (FRS) in their Retirement Account. They can fulfil their FRS requirement with cash ...