By MoneyBees
Work out how much of your CPF LIFE premium your nominees get back if you pass away, by plan and age, using CPF's rule: the premium minus the payouts you received.
Your RA savings when payouts started. Your CPF statement shows it.
Refund to nominees
$86,400
at age 75
Payouts from the premium
$213,600
by then
Refund runs out at
79 and 1 month
then payouts carry on for life
Your nominees get $86,400: the $300,000 premium minus $213,600 paid out of it. CPF adds no interest to the refund.
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Standard plan, $300,000 premium, $1,780 a month from 65.
| Age | Paid from premium | Refund |
|---|---|---|
| 65 | $0 | $300,000 |
| 70 | $106,800 | $193,200 |
| 75 | $213,600 | $86,400 |
| 80 | $320,400 | $0 |
| 85 | $427,200 | $0 |
| 90 | $534,000 | $0 |
| 95 | $640,800 | $0 |
The refund is never negative. Once it reaches zero, payouts continue from the pooled interest.
You are on the Standard plan with a S$300,000 premium and S$1,780 a month from 65. If you pass away at 75, you have received 120 payouts, or S$213,600. Your nominees get S$86,400.
After 169 payouts, at 79 and 1 month, the refund reaches zero. Your payouts carry on for as long as you live.
Figures checked 3 Oct 2026.
Your nominees get the unused premium: the amount deducted from your RA for CPF LIFE minus the total payouts you received. It is paid with your other CPF savings.
No. CPF refunds the unused premium only. Interest earned on the premium stays in the CPF LIFE pool to keep paying members who live longer.
When the payouts you have received add up to your premium. On the Standard plan with S$1,780 a month on a S$300,000 premium, that is after 169 payouts, at about 79.
No. CPF LIFE pays you every month for life. The refund only affects what your nominees get.
Only about 10% to 20% of your RA is the premium on Basic. Payouts come from the rest of your RA until one month before 90, so the premium stays whole until then. Your remaining RA also goes to your nominees.
There is no premium yet. Your whole Retirement Account, with interest, goes to your nominees in cash with the rest of your CPF savings.
In cash by PayNow or GIRO. CPF contacts nominees within 10 working days of being told of the death. Without a nomination, the Public Trustee distributes it, which can take up to six months.
Standard, Escalating and Basic do. The old CPF LIFE Income Plan from 2009 has no refund feature.
These calculators provide general estimates for educational purposes only and are not personalised financial advice. Results may rely on rates and rules that change over time, so verify against official sources (IRAS, CPF Board, HDB, MAS) or consult a licensed financial adviser before making decisions.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).