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Individuals (For locals)

Supplementary Retirement Scheme (SRS) is a voluntary scheme to encourage individuals to save for retirement, over and above their CPF savings.

The SRS offers attractive tax benefits. Contributions to SRS are eligible for tax relief. Investment returns will also be tax-free before withdrawal and only 50% of the withdrawals from SRS are taxable at retirement.

What you need to know about the SRS:

If you require more information on SRS, you may refer to the Ministry of Finance's (MOF) website  .

 

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Last Updated on 22 February 2010


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