Singapore legislation
Regulation 8
of Central Provident Fund (Retirement Sum Plus Scheme) Regulations 2000
Regulation 8
Withdrawal from approved annuity
A member who has purchased any approved annuity with the additional sum and who attains the retirement age of 60 or 62 years (as the case may be) is entitled to be paid from each approved annuity (until the moneys payable under the annuity are exhausted or the member’s death, whichever is the earlier) —
(a)
if the member has attained 55 years of age before 1 July 2004, a minimum monthly sum not below the subsistence amount; or
(b)
if the member has attained 55 years of age on or after 1 July 2004, a monthly payout as specified in the annuity.