CPF Full Retirement Sum projection

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:

Year	Full Retirement Sum
2016	161,000
2017	166,000
2018	171,000
2019	176,000
2020	181,000
2021	186,000
2022	192,000
2023	198,000
2024	204,000
2025	210,000
2026	216,000
2027	222,000
2028	229,000
2029	236,000
2030	243,000
2031	250,000
2032	258,000
2033	266,000
2034	274,000
2035	282,000
2036	290,000
2037	299,000
2038	308,000
2039	317,000
2040	327,000
2041	337,000
2042	347,000
2043	357,000
2044	368,000
2045	379,000
2046	390,000
2047	402,000
2048	414,000
2049	426,000
2050	439,000
2051	452,000
2052	466,000
2053	480,000
2054	494,000
2055	509,000