CPF Funds

If you have made a nomination under the CPF Act, your nominee shall be entitled to the funds in certain CPF accounts regardless of what is stated in your Will. If you have not made a nomination, your funds will be distributed under the law in accordance with the Intestate Succession Act.

Even if you have […]

Divorce does not revoke your previous nomination. This is because you may still wish to provide for your ex-spouses and children. You may therefore wish to re-nominate when divorce takes place.

Yes, you still need to nominate because the distribution of your CPF savings, DPS sum insured, shares in an approved corporation, fixed deposits under CPFIS-SA and ERS, is by way of nomination.

If you have a valid CPF Nomination, the following items will be distributed to your Nominees in the proportion as stated in your Nomination upon your death:

1. Savings in the Ordinary, Special, Medisave and Retirement Accounts;
2. Dependants’ Protection Scheme (DPS) insured sum;
3. Discounted Singapore Telecom shares;
4. Fixed deposits under the CPF Investment Scheme […]