If you pass away without CPF Nomination, your CPF savings (Ordinary, Special, Medisave, and Retirement Accounts) will be transferred to the Public Trustee for distribution to your family under the intestacy laws. For example, if you are single, your CPF savings will be distributed by the Public Trustee equally between your parents. If you are married, your spouse will receive half of your CPF savings, and your children will share the remaining half.
Your CPF monies will go to the Government only in the absence of a spouse, children, siblings, grandparents, an uncle, or aunt.
For Muslims, your CPF savings will be distributed by the Public Trustee according to the Inheritance Certificate, which your family members can obtain from the Syariah Court (Muslim inheritance law).
If you wish to distribute your CPF savings differently, you will need to make a “CPF nomination”. Your CPF nomination allows you to specify who to receive your CPF savings, and how much each nominee should receive when you are no longer around. (Note CPF Nomination does not cover Dependants’ Protection Scheme (DPS))
Please note that:
- A marriage will automatically revoke an earlier nomination, if any.
- A divorce does not revoke an earlier nomination, if any.
- A will does not supersede an earlier nomination, if any.
- If your nominee is below the age of 18 years at the time your CPF savings are paid out, his/her share will be forwarded to the Public Trustee for administration until he/she reaches 18 years of age.
- If any of your nominees is an undischarged bankrupt at the time your CPF savings are paid out, the Board will be legally obliged to inform the Official Assignee (OA) of any assets that are due to him as his estate is vested in the OA by virtue of the laws in Singapore relating to bankruptcy. (Refer to Madam Lim Lye Kiang’s case in 2011)
If you wish to make your CPF nomination overseas, it is recommended that at least one of the two witnesses be a Singaporean, Singapore Permanent Resident, Notary Public or an Official from the Singapore High Commission/Embassy of the Republic of Singapore. Both witnesses must be above 21 years of age and of sound mind.
What is covered by CPF Nomination?
- Savings in the Ordinary, Special, Medisave and Retirement Accounts;
- Insurance money from the Dependants’ Protection Scheme if you were insured under the Scheme and the date of death is before 17 September 2005;
- Discounted SingTel shares;
- Fixed deposits under the CPF Investment Scheme – Special Account (CPFIS-SA), which will be converted to cash to form part of CPF savings; and
- Economic Restructuring Shares (ERS), which will be converted to cash to form part of CPF savings.
What is NOT covered by CPF Nomination?
- Cash and investments held in the CPF Investment Account under the CPF Investment Scheme-Ordinary Account (CPFIS-OA);
- Investments held under CPF Investment Scheme-Special Account (CPFIS-SA), excluding fixed deposits;
- Properties bought with CPF savings; and
- New Singapore Shares (NSS).
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