The CPF Full Retirement Sum (FRS) has been increasing at around 3% per year for quite a number of years so far. I think the 3% increase can safely cover inflation as Singapore's inflation rate is under 3% for most of the years. This should ensure the CPF life payout can cover for some basic level of living after retirement (for Singaporeans that hit the FRS amount).
Assuming this increase is kept at 3% per annum, we can estimate the FRS for subsequent years. Your FRS will be fixed when you reach age 55.
So far, the official FRS amount has been announced till year 2022.
The projected FRS is as follows:
