{
  "id": 9072052,
  "title": "Floor interest rate for CPF Special, MediSave and Retirement accounts to remain at 4% for 2027",
  "url": "https://urgent.news/2026/09/22/floor-interest-rate-for-cpf-special-medisave-and-retirement-accounts-9072052",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T02:51:00.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/singapore/cpf-interest-rate-special-medisave-retirement-hdb-housing-loan-6401096"
  },
  "original_language": "en",
  "account": "In a bid to assist members in growing their retirement savings, the CPF Board and Housing and Development Board (HDB) have announced the extension of the 4 percent minimum interest rate for Central Provident Fund (CPF) Special, MediSave, and Retirement accounts for another year, as of 2027. This move provides members with a stable return rate, amid the volatile economic climate and fluctuating interest rates, the CPF Board and HDB stated in a joint press release.\n\nThe floor interest rate for these accounts will also stay unchanged at 2.5 percent for the fourth quarter, as the pegged rate remains below the 4 percent floor. Additionally, the concessionary interest rate for HDB housing loans, pegged at 0.1 percent above the Ordinary Account interest rate, will remain at 2.6 percent for Q4.\n\nRecent US Federal Reserve interest rate hike, marking a 0.25 percentage point increase in September 2023, may influence Singapore's interest rates, although Singapore does not directly follow the US central bank's decisions. The hike could impact global funding conditions and, consequently, Singapore's interest rates, including the Singapore Overnight Rate Average (SORA) used to price floating-rate home loans.",
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CNA - Singapore",
        "title": "Floor interest rate for CPF Special, MediSave and Retirement accounts to remain at 4% for 2027",
        "url": "https://urgent.news/2026/09/22/floor-interest-rate-for-cpf-special-medisave-and-retirement-accounts",
        "published": "2026-09-22T02:51:04.000Z"
      },
      {
        "outlet": "Straits Times",
        "title": "4% interest rate floor for CPF Special, MediSave, Retirement accounts extended till end-2027",
        "url": "https://urgent.news/2026/09/22/4-interest-rate-floor-for-cpf-special-medisave-retirement-accounts",
        "published": "2026-09-22T03:40:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}