Lifetime Income Plan
Overview
Instead of simply setting aside your $99,600 CPF minimum
sum in a bank or with the CPF board when you turn 55, invest it
with Great Eastern Life’s Lifetime Income Plan and secure
a guaranteed monthly income for life.
Investing the $99,600 minimum sum would give you a lifetime monthly
income of $535.35* if you are male, and $494.26* if you are female.
In the event of death, your CPF nominee(s) would receive a lump
sum death benefit from the CPF board (amount varies according
to age at death).
Investing more than the minimum sum of $99,600 would provide
you with a higher monthly income.
Lifetime Income Plan is available to anyone between the ages of
55 to 61 years and 10 months.
* Based on age 55 years and 0 months
