Floor interest rate for CPF Special, MediSave and Retirement accounts to remain at 4% for 2027

This extension will help members grow their retirement savings, providing them with certainty on their CPF returns amid the uncertain economic and interest rate environment, said the CPF Board and HDB.

From 2025, the Central Provident Fund Special Account of those aged 55 and above will be automatically closed.

This audio is generated by an AI tool.

SINGAPORE: The 4 per cent floor interest rate for all Central Provident Fund (CPF) Special, MediSave and Retirement accounts will be extended for another year in 2027.

The extension of the floor rate will continue to help members grow their retirement savings, providing them with certainty on their CPF returns amid the uncertain economic and interest rate environment , the CPF Board and the Housing and Development Board (HDB) said in a joint press release on Tuesday (Sep 22).

The 4 per cent interest rate for Special, MediSave and Retirement accounts will also remain unchanged for the fourth quarter of this year as the pegged rate remains below the floor rate of 4 per cent.

It is pegged to the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1 per cent.

CNA Games Guess Word Crack the word, one row at a time Buzzword Create words using the given letters Mini Sudoku Tiny puzzle, mighty brain teaser Mini Crossword Small grid, big challenge Word Search Spot as many words as you can Show More Show Less The Ordinary Account interest rate will also remain unchanged at the floor rate of 2.5 per cent per annum for the fourth quarter, as the pegged rate remains below the floor rate. Similarly, the concessionary interest rate for HDB housing loans, which is pegged at 0.1 per cent above the Ordinary Account interest rate, will remain unchanged at 2.6 per cent per annum for Q4. The US Federal Reserve raised interest rates by 0.25 percentage points on Sep 16, marking the first increase since 2023. Fed policymakers have signalled that more increases could follow, and while Singapore does not directly follow the US central bank's interest rate decisions, US rates can influence global funding conditions and, in turn, Singapore's interest rates. These include the Singapore Overnight Rate Average (SORA) that is used to price many floating-rate home loans. CPF members will continue to earn extra interest as part of the government’s efforts to boost retirement savings. For members aged below 55, they will earn an extra 1 per cent interest on the first S$60,000 of their combined balances, capped at S$20,000 for Ordinary Accounts. For members aged 55 and above, the government pays an extra 2 per cent interest on the first S$30,000 of their combined balances, also capped at S$20,000 for Ordinary Accounts, and an extra 1 per cent on the next S$30,000. The extra interest earned on Ordinary Account balances will go into the member’s Special Account or Retirement Account. Members aged 55 and above who participate in the CPF LIFE scheme will still earn the extra interest on their combined CPF balances. This includes the savings used for CPF LIFE.

The Ordinary Account interest rate will also remain unchanged at the floor rate of 2.5 per cent per annum for the fourth quarter, as the pegged rate remains below the floor rate.

Similarly, the concessionary interest rate for HDB housing loans, which is pegged at 0.1 per cent above the Ordinary Account interest rate, will remain unchanged at 2.6 per cent per annum for Q4.

The US Federal Reserve raised interest rates by 0.25 percentage points on Sep 16, marking the first increase since 2023.

Fed policymakers have signalled that more increases could follow, and while Singapore does not directly follow the US central bank's interest rate decisions, US rates can influence global funding conditions and, in turn, Singapore's interest rates.

These include the Singapore Overnight Rate Average (SORA) that is used to price many floating-rate home loans.

CPF members will continue to earn extra interest as part of the government’s efforts to boost retirement savings.

For members aged below 55, they will earn an extra 1 per cent interest on the first S$60,000 of their combined balances, capped at S$20,000 for Ordinary Accounts.

For members aged 55 and above, the government pays an extra 2 per cent interest on the first S$30,000 of their combined balances, also capped at S$20,000 for Ordinary Accounts, and an extra 1 per cent on the next S$30,000. The extra interest earned on Ordinary Account balances will go into the member’s Special Account or Retirement Account.

Members aged 55 and above who participate in the CPF LIFE scheme will still earn the extra interest on their combined CPF balances. This includes the savings used for CPF LIFE.

Get our pick of top stories and thought-provoking articles in your inbox

Stay updated with notifications for breaking news and our best stories

Join our channel for the top reads for the day on your preferred chat app

中央公积金局和建屋发展局表示，这项延期将有助于会员增加退休储蓄，在不确定的经济和利率环境下，为他们提供公积金收益的确定性。

从2025年起，55岁及以上人士的中央公积金特别账户将自动关闭。

这段音频由人工智能工具生成。

新加坡：中央公积金特别账户、保健储蓄账户和退休账户的4%最低利率将延长一年至2027年。

中央公积金局和建屋发展局周二（9月22日）在一份联合新闻稿中表示，延长最低利率将继续帮助会员增加退休储蓄，在不确定的经济和利率环境下为他们提供公积金收益的确定性。

由于固定利率仍低于 4% 的最低利率，因此特别账户、保健储蓄账户和退休账户的 4% 利率在今年第四季度也将保持不变。

该利率与 10 年期新加坡政府债券 (10YSGS) 的 12 个月平均收益率加 1% 挂钩。

CNA游戏 猜词游戏 逐行破解单词 流行词游戏 用给定的字母组成单词 迷你数独 小谜题，脑力挑战 迷你填字游戏 小方格，大挑战 单词搜索 尽可能多地找出单词 显示更多 显示更少 普通账户利率在第四季度将维持在2.5%的年利率下限不变，因为固定利率仍低于下限。同样，建屋发展局（HDB）住房贷款的优惠利率（比普通账户利率高0.1个百分点）在第四季度也将维持在2.6%的年利率下限不变。美国联邦储备委员会于9月16日将利率上调0.25个百分点，这是自2023年以来的首次加息。美联储决策者已暗示未来可能进一步加息，虽然新加坡不直接跟随美联储的利率决策，但美国利率会影响全球融资环境，进而影响新加坡的利率。这些利率包括新加坡隔夜平均利率（SORA），该利率用于为许多浮动利率房屋贷款定价。作为政府促进退休储蓄举措的一部分，公积金会员将继续获得额外利息。对于55岁以下的会员，其公积金账户余额的前6万新元将获得1%的额外利息，普通账户的上限为2万新元。对于55岁及以上的会员，政府为其公积金账户余额的前3万新元支付2%的额外利息，普通账户的上限同样为2万新元，接下来的3万新元将获得1%的额外利息。普通账户余额所获得的额外利息将存入会员的特别账户或退休账户。参加公积金终身入息计划（CPF LIFE）的55岁及以上会员仍可获得其公积金账户余额的额外利息，包括用于公积金终身入息计划的储蓄。

第四季度普通账户利率也将维持在年利率 2.5% 的最低水平，因为固定利率仍低于最低利率。

同样，建屋发展局 (HDB) 住房贷款的优惠利率（比普通账户利率高 0.1%）在第四季度将维持在年利率 2.6% 不变。

9月16日，美联储将利率上调0.25个百分点，这是自2023年以来的首次加息。

美联储决策者已发出信号，未来可能还会进一步加息。虽然新加坡不直接跟随美国央行的利率决定，但美国利率会影响全球融资状况，进而影响新加坡的利率。

其中包括新加坡隔夜平均利率（SORA），该利率用于对许多浮动利率房屋贷款进行定价。

作为政府促进退休储蓄举措的一部分，公积金会员将继续获得额外利息。

对于 55 岁以下的会员，其合并账户余额的前 60,000 新元将获得额外 1% 的利息，普通账户的上限为 20,000 新元。

对于55岁及以上的会员，政府会为其合并账户余额的前3万新元额外支付2%的利息（普通账户的额外利息上限为2万新元），并为其接下来的3万新元额外支付1%的利息。普通账户余额所获得的额外利息将存入会员的特别账户或退休账户。

55岁及以上参与公积金终身入息计划的会员，其公积金账户余额（包括用于公积金终身入息计划的储蓄）仍可获得额外利息。

订阅我们的邮件，即可获取精选热点新闻和引人深思的文章。

订阅通知，第一时间获取突发新闻和精彩报道。

加入我们的频道，即可在您常用的聊天应用上获取当日热门文章。