More members are topping up for themselves and their loved ones to boost retirement adequacy
No. of members making top-ups has seen a stable increase across the past 3 years
Notes:
- Based on unique givers, if a member tops up for himself and someone else, he will only be counted as a giver once.
Total amount of top-ups to retirement savings have remained relatively stable at above $4 billion
Breakdown of top-ups by giver's relationship
(For multiple recipients, counted once in each relationship category)
Strong support for seniors via CPF top-ups from loved ones
CPF top-ups received by seniors (age 55 and above) from loved ones
Most CPF top-ups to seniors from loved ones were from their children or spouse
Amount of CPF top-ups, by giver (2021-2023)
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