CPF Life Annuity return calculation [for WOMEN]

Does the CPF Life Standard Plan or the Basic Plan give better payout for WOMEN? 

Well, based on existing data given by CPF at this URL...

   
We can do some estimations......

Below you can see 2 tables for Women's CPF Life annuity, 1 for Standard Plan and 1 for Basic Plan, assuming the woman has $155,000 in her retirement account at 55 years old :

CPF Life Annuity return calculation [for WOMEN] - Standard Plan

 

CPF Life Annuity return calculation [for WOMEN] - Basic Plan

For Women's CPF Life Standard Plan:
If you die at 85 years old, your return range from 0.84% to 1.93% (based on lower payout & lower bequest to higher payout & higher bequest).  .
If you die at 75 years old, your return range from -4.67% to -2.94%.
If you die at 65 years old, your return range from -30.66% to -27.48%.

For Women's CPF Life Basic Plan:
If you die at 85 years old, your return range from 2.63% to 3.52%.
If you die at 75 years old, your return range from 2.27% to 3.35%.
If you die at 65 years old, your return range from -9.65% to -4.63%.

It seems that only when you live to 85 years old and choosing the Basic Plan will you stand to obtain maximum return of 3.52% !!!
This is provided these figures do not get changed by CPF Board in future! 
However, WHO told us that Singapore's women average age is only 85 years old, so most of you women going to lose out because you are 50% unlikely to live past 85 years old! 

And the above figures show that you are better off choosing the CPF Life Basic Plan than Standard Plan !!!