Basic Retirement Sum (BRS)
Definition
A CPF milestone target at age 55 for members who own and pledge property, currently S$106,500 in 2026.
Key Takeaways
- The BRS is the minimum retirement sum target for CPF members at age 55, set at S$106,500 for 2026.
- Requires property ownership with a lease extending to age 95 to choose this lower target.
- Allows members to withdraw CPF savings above the BRS by pledging their residential home.
- Results in the lowest monthly CPF LIFE retirement payout tier (approximately S$850/month).
Detailed Explanation
The Basic Retirement Sum (BRS) is the lowest retirement savings target set by the CPF Board for members turning 55. For those turning 55 in 2026, the BRS is set at S$106,500. The BRS represents the baseline retirement goal needed to secure basic monthly living payouts under the CPF LIFE annuity scheme.
If you own a residential property in Singapore with a lease that lasts until you are at least 95, you can choose to pledge your property and withdraw any CPF Ordinary and Special Account savings above the BRS. Pledging your property effectively halves the required retirement sum you must leave in your CPF account compared to the Full Retirement Sum (FRS). However, choosing the BRS means your CPF LIFE monthly payouts will be significantly lower.