There has been a message spreading around on Whatsapp, alleging that the CPF Payout Eligibility Age has been increased to 70, even accusing the government of “doing it quietly without making any formal announcement."
THIS IS NOT TRUE GUYS!
The Payout Eligibility Age (PEA) is remains at 65 for members born from 1954 onward. It has NOT been amended. Citizens have the flexibility to commence receiving the payouts ANYTIME between 65 to 70 as long as they inform the CPF board. If not, by default, payouts will automatically kickoff at 70.
More at https://tinyurI.com/ycnn3yle
THIS IS NOT TRUE GUYS!
The Payout Eligibility Age (PEA) is remains at 65 for members born from 1954 onward. It has NOT been amended. Citizens have the flexibility to commence receiving the payouts ANYTIME between 65 to 70 as long as they inform the CPF board. If not, by default, payouts will automatically kickoff at 70.
More at https://tinyurI.com/ycnn3yle