With effect from 1 July 2013, the CPF Minimum Sum will increase from the current $139,000 to $148,000. The amount will continue to increase every year till 2015, when it reaches $120,000 in 2003 dollars. So if assuming inflation rate of 3% p.a. in 2014 and 2015, the CPF Minimum Sum is expected to reach $166,000 in 2015. By 2025, the CPF Minimum Sum may increase to $223,000!
The Medisave Minimum Sum will increase from $38,500 to $40,500. At or after age 55, CPF members can withdraw their Medisave funds in excess of this minimum sum. Accordingly, the Medisave Contribution Ceiling will be increased to $45,500, $5000 above the Medisave Minimum Sum.