Floor interest rate for CPF Special, MediSave and Retirement accounts to remain at 4% for 2027
This extension will help members grow their retirement savings, providing them with certainty on their CPF returns amid the uncertain economic and interest rate environment, said the CPF Board and HDB.
The Central Provident Fund (CPF) Board and Housing and Development Board (HDB) have announced that the 4% floor interest rate for CPF Special, MediSave, and Retirement accounts will be extended for another year in 2027. This move aims to provide CPF members with certainty on their CPF returns amid the uncertain economic and interest rate environment. In addition, the interest rate for Ordinary Accounts remains unchanged at the floor rate of 2.5% per annum for the fourth quarter.
Brief written by urgent.news from CNA - Singapore's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 3 other outlets
- Floor interest rate for CPF Special, MediSave and Retirement accounts to remain at 4% for 2027 channelnewsasia.com
- 4% interest rate floor for CPF Special, MediSave, Retirement accounts extended till end-2027 straitstimes.com
- 4% interest rate floor for CPF Special, MediSave, Retirement accounts extended till end-2027 businesstimes.com.sg
