Estate Settlement Process of CPF

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TEA ENG PENG

Member for Over 2 Years Member for Over 3 Years First Lesson Complete

Singapore citizens and permanent residents are members of the Central Provident Fund (CPF), which is managed by the CPF Board. The estate settlement of CPF is governed largely by Section 25 of the CPF Act. This act states that any member of the Fund may, by a memorandum executed in the prescribed manner, nominate a person or persons to receive his or their portions of the deceased CPF.

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Singapore citizens and permanent residents are members of the Central Provident Fund (CPF), which is managed by the CPF Board. The estate settlement of CPF is governed largely by Section 25 of the CPF Act. This act states that any member of the Fund may, by a memorandum executed in the prescribed manner, nominate a person or persons to receive his or their portions of the deceased CPF.