Your CPF savings earn a minimum risk-free interest of 2.5% guaranteed by the government. In 2008 and 2009, savings in the Special, Medisave and Retirement Accounts will earn a guaranteed minimum rate of 4%. In addition, the first $60,000 in your combined CPF balances, with up to $20,000 from your Ordinary Account, will earn an extra 1% interest.
3 Tips from CPF Board:
- Leave your CPF savings in your accounts to earn the extra 1% interest
- Transfer savings from your Ordinary Account (OA) to your Special Account (SA)
- Top-Up the Special / Retirement Account for yourself and your loved ones
via CPF Board