Because the average lifespan of women are expected to be longer, hence their CPF Life annuity payout is expected to be lower per month, and you can see the difference from the table I have attached below:
Does the CPF Life Standard Plan or the Basic Plan give better payout for men?
Does the CPF Life Standard Plan or the Basic Plan give better payout for women?
I am now trying to make calculations to assess this... Stay tuned!
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