Saturday, August 23, 2014

CPF Life annuity payout - Difference between men and women

Recently, I saw on newspapers that according to WHO, Singapore's women can expect to live to 85 years old and men to the age of 80. (and not 86 years old that I quoted previously). 

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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