4% interest rate floor for CPF Special, MediSave, Retirement accounts extended till end-2027

The extended rate floor will help give certainty on CPF returns amidst the uncertain economic and interest rate environment.

ST PHOTO: ONG WEE JIN

Published Sep 22, 2026, 11:40 AM

Updated Sep 22, 2026, 11:40 AM

The 4% interest rate floor for CPF Special, MediSave, and Retirement Accounts is extended until the end of 2027 to help members grow retirement savings amid economic uncertainty.

Interest rates from Oct to Dec remain unchanged: SMRA at 4%, Ordinary Account at 2.5%, and HDB housing loans at 2.6%, due to pegged rates being below the floor rates.

CPF members continue to earn extra interest, with those below 55 earning 1% extra on the first $60,000, and those 55 and above earning up to 3% extra on combined balances.

SINGAPORE – Central Provident Fund (CPF) members will earn a minimum of 4 per cent on their Special, MediSave and Retirement Accounts (SMRA) till the end of 2027 , with interest rates remaining unchanged for the upcoming quarter.

The extension of the SMRA rate floor will continue to help members grow their retirement savings and provide them with certainty on their CPF returns amidst the uncertain economic and interest rate environment, the CPF Board (CPFB) and the Housing Board said in a joint statement on Sept 22.

The SMRA interest rate will remain unchanged at the floor rate of 4 per cent from Oct 1 to Dec 31, as the SMRA pegged rate remains below the floor rate of 4 per cent.

This is pegged to the 12-month average yield of 10-year Singapore Government Securities, plus 1 per cent. According to the CPFB website, the average yield from August 2025 to July 2026 was 3.06 per cent .

The Ordinary Account interest rate will remain at 2.5 per cent from Oct 1 to Dec 31, as the OA pegged rate remains below the floor rate of 2.5 per cent.

This is pegged to t he three-month average of the major local banks’ interest rates , which was 0.32 per cent from May to July, according to the CPFB website.

The concessionary rate for HDB housing loans, which is pegged at 0.1 per cent above the OA interest rate, will stay at 2.6 per cent.

Members will also continue to earn extra interest on their CPF savings.

Those aged below 55 will earn an additional 1 per cent interest on th e first $60,000 of their combined balances, capped at $20,000 for OA.

For those aged 55 and above , the Government will pay an extra 2 per cent interest on the first $30,000 of their combined balances – capped at $20,000 for OA – and another 1 per cent on the next $30,000.

The extra interest earned on the OA balances will go into the individual’s Special Account or Retirement Account.

Additionally, those aged 55 and above participating in CPF Life will still earn extra interest on their combined CPF balances, including the savings used for CPF Life.

在当前经济和利率环境不明朗的情况下，延长利率下限将有助于确保公积金收益的确定性。

《海峡时报》摄影：王伟进

发布于 2026 年 9 月 22 日上午 11:40

更新于2026年9月22日上午11:40

为帮助会员在经济不确定时期增加退休储蓄，公积金特别账户、保健储蓄账户和退休账户的 4% 最低利率将延长至 2027 年底。

10 月至 12 月利率保持不变：SMRA 为 4%，普通账户为 2.5%，建屋发展局住房贷款为 2.6%，因为固定利率低于最低利率。

公积金会员继续获得额外利息，55 岁以下的会员在前 60,000 美元可获得 1% 的额外利息，55 岁及以上的会员在合并余额上可获得高达 3% 的额外利息。

新加坡——中央公积金（CPF）会员的特别账户、保健储蓄账户和退休账户（SMRA）的最低收益率将持续到 2027 年底，下一季度的利率将保持不变。

中央公积金局 (CPFB) 和建屋发展局 (HPB) 在 9 月 22 日的一份联合声明中表示，延长 SMRA 利率下限将继续帮助会员增加退休储蓄，并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 10 月 1 日至 12 月 31 日，SMRA 利率将维持在 4% 的最低利率不变，因为 SMRA 挂钩利率仍低于 4% 的最低利率。

该收益率与新加坡10年期政府债券的12个月平均收益率挂钩，并在此基础上增加1%。根据中央公共基金局网站的数据，2025年8月至2026年7月的平均收益率为3.06%。

从 10 月 1 日至 12 月 31 日，普通账户利率将维持在 2.5%，因为普通账户的固定利率仍低于 2.5% 的最低利率。

根据中央人民金融局网站的数据，这一利率与主要本地银行三个月的平均利率挂钩，5 月至 7 月的平均利率为 0.32%。

建屋发展局 (HDB) 住房贷款的优惠利率（比普通房贷款利率高 0.1%）将维持在 2.6%。

会员的公积金储蓄也将继续获得额外利息。

55 岁以下人士，其合并余额的前 60,000 美元将获得 1% 的额外利息，普通账户 (OA) 的上限为 20,000 美元。

对于 55 岁及以上的人士，政府将对其合并余额的前 30,000 美元额外支付 2% 的利息（普通账户上限为 20,000 美元），并对接下来的 30,000 美元再支付 1% 的利息。

OA账户余额所赚取的额外利息将存入个人的特殊账户或退休账户。

此外，55 岁及以上参加 CPF Life 的人士仍可从其 CPF 余额（包括用于 CPF Life 的储蓄）中获得额外利息。