CPF extends 4% interest floor rate on Special, Medisave and Retirement accounts till end-2027

Interest rates for the various Central Provident Fund (CPF) accounts — Special, Medisave and Retirement Accounts (SMRA) — will remain at the 4 per cent interest rate floor till the end of 2027, with interest rates remaining unchanged for the coming quarter.

"This extension of the floor rate will continue to help members grow their retirement savings, providing them with certainty on their CPF returns amidst the uncertain economic and interest rate environment," the Central Provident Fund (CPF) Board and Housing and Development Board (HDB) said in a joint news release on Tuesday (Sept 22).

Explaining the unchanged SMRA rate for the quarter, the agencies noted that the SMRA pegged rate remains below the floor rate of 4 per cent.

SMRA interest rate is pegged to the 12-month average yield of 10-year Singapore Government Securities, plus 1 per cent, which was 3.06 per cent from Aug 2025 to Jul 2026.

OA interest rate unchanged

Meanwhile, the Ordinary Account (OA) interest rate will remain unchanged at the floor rate of 2.5 per cent per annum from Oct 1 to Dec 30, as the OA pegged rate remains below the floor rate of 2.5 per cent.

This rate is computed based on the 3-month average of major local banks' interest rates, which was 0.32 per cent from May 2026 to Jul 2026.

The concessionary interest rate for HDB housing loans, pegged at 0.1 per cent above the OA interest rate, will remain unchanged at 2.6 per cent per annum from Oct 1 to Dec 31.

CPF members will continue to earn extra interest on their CPF savings, as part of the Government's efforts to boost retirement savings.

Members aged below 55 will earn an extra 1 per cent interest on the first $60,000 of their combined balances, capped at $20,000 for OA.

Those aged 55 and above will be paid an extra 2 per cent interest on the first $30,000 of their combined balances, capped at $20,000 for OA, and an extra 1 per cent on the next $30,000.

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

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

CPF LIFE payouts can be made anytime between the ages of 65 and 70. Those who start later will see their monthly payout increase by up to 7 per cent for each year they defer starting.

中央公积金（CPF）各类账户（特别账户、保健储蓄账户和退休账户）的利率将维持在 4% 的最低利率水平，直至 2027 年底，并且下一季度的利率将保持不变。

中央公积金局 (CPF) 和建屋发展局 (HDB) 在周二（9 月 22 日）的联合新闻稿中表示：“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。”

解释本季度SMRA利率不变的原因时，各机构指出，SMRA挂钩利率仍低于4%的最低利率。

SMRA 利率与 10 年期新加坡政府债券的 12 个月平均收益率挂钩，再加上 1%，从 2025 年 8 月到 2026 年 7 月，该利率为 3.06%。

OA利率不变

与此同时，从 10 月 1 日至 12 月 30 日，普通账户 (OA) 利率将维持在年利率 2.5% 的最低水平，因为 OA 挂钩利率仍低于 2.5% 的最低水平。

该利率是根据主要本地银行三个月的平均利率计算得出的，2026 年 5 月至 7 月期间的平均利率为 0.32%。

从 10 月 1 日至 12 月 31 日，建屋发展局 (HDB) 住房贷款的优惠利率将维持在年利率 2.6% 不变，比普通房 (OA) 利率高出 0.1%。

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的公积金储蓄利息。

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

55 岁及以上的人士，其合并余额的前 30,000 美元将获得额外 2% 的利息，普通账户 (OA) 的上限为 20,000 美元；接下来的 30,000 美元将获得额外 1% 的利息。

OA账户余额所赚取的额外利息将存入会员的特殊账户或退休账户。

55岁以上的公积金会员，如果参加公积金终身入息计划，其公积金余额（包括用于公积金终身入息计划的储蓄）仍将获得额外利息。

公积金终身入息计划 (CPF LIFE) 的领取年龄可在 65 岁至 70 岁之间随时领取。延迟领取者，每延迟一年领取，每月领取金额最多可增加 7%。