Full Retirement Sum (FRS)
Definition
The standard CPF retirement milestone target at age 55, currently set at S$213,000 for 2026 (twice the BRS).
Key Takeaways
- The FRS is the standard retirement sum target for CPF members at age 55, set at S$213,000 for 2026.
- Formed automatically from Special and Ordinary Account balances when turning 55.
- Does not require property pledging, allowing withdrawals of any CPF balances above the FRS.
- Provides a standard monthly CPF LIFE retirement payout of approximately S$1,600 for life.
Detailed Explanation
The Full Retirement Sum (FRS) is the standard retirement savings target set by the CPF Board for members turning 55. For those turning 55 in 2026, the FRS is set at S$213,000 (which is exactly double the Basic Retirement Sum). The FRS is the benchmark sum used to calculate standard monthly payouts under CPF LIFE.
When you turn 55, your Special Account (SA) savings and Ordinary Account (OA) savings are automatically transferred to your newly created Retirement Account (RA) up to the FRS limit. If you reach the FRS, you do not need to pledge your property, and you can withdraw any remaining savings above this limit. The FRS is designed to provide sufficient retirement income to cover basic cost-of-living expenses in Singapore.