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Posted on: 2021-12-06
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As a Singapore citizen or Singapore permanent resident, you definitely contribute to CPF once you begin working and when you reach retirement age you will receive the payout until you pass away. But what happens if you pass away before you spend all of your CPF monies? Do you know that CPF doesn’t fall under your personal estate nor can’t be distributed through a will? This is why you have to make a CPF nomination. CPF nomination is an act to state who will receive your CPF funds upon your death and how much they will receive. CPF nomination is very important as you can decide who will get your CPF monies when you pass away but if you don’t make CPF nomination, your CPF monies will be transferred to Public Trustee’s Office (PTO) and distributed according to the Intestate Succession Act or the Inheritance Certificate for Muslims.
Before you make a CPF nomination you need to prepare your SingPass details, your nominee’s NRIC details and your witnesses’ NRIC details (you need 2 witnesses who are at least 21 years old and mentally healthy).
There are 2 ways to make CPF nomination:
Via CPF online service
To complete the online form you will need your Singpass, your nominee(s)' name, NRIC number & contact information and both witnesses' name, NRIC number & contact information
At the CPF service center
You need to book an appointment one day before visiting the CPF service center and bring your identification card/passport and photocopies of your nominee(s)’ identification documents.