How to withdraw CPF savings upon the death of the CPF Member

While CPF savings cannot be withdrawn in their entirety under usual circumstances. There are however, certain circumstance when a complete withdrawal of CPF savings can be allowed. One such instances is the death of the CPF member. If you need to withdraw the CPF savings of someone who has passed away, here is what you will need to do.

What is withdrawn from the CPF savings?

Not all investments in a CPF account are available for withdrawal upon the death of the member. Here are some of the things that can be withdrawn:

  • Any amount in the ordinary or the special accounts.
  • Any amount in the MediSave account.
  • Any amount in the retirement account.
  • Insurance provided under the Home Protection Scheme.
  • CPF LIFE premiums that have not been used.
  • Discounted SingTel shares.

Who can withdraw from CPF accounts?

When it comes to the CPF savings of the member, the withdrawal happens under two circumstances, the first being when nominations have been made and the second being when there are no nominations. So what would happen in each case?

  • When nominations have been made: In case of the existence of nominees, the distribution of the savings will be done as per the proportions that have been mentioned in the nomination. The extent of the withdrawals will be limited to the amount in the ordinary and special accounts along with the amount in the retirement account. The amount in MediSave accounts will also be paid out along with SingTel shares and any unused CPF LIFE premiums.
  • When nominations are not made: If no nominations are made then the distribution of the savings will be done in accordance with the Administration of Muslim Law Act for Muslims and the Intestate Succession Act for non-Muslims.

Process of withdrawing CPF savings?

In order to start the process of withdrawing the CPF saving, this is the process you will have to follow.

  • Inform CPF: This step is not needed if the person was a citizen on Singapore but in case of the death of a foreigner, you will have to ensure that CPF is appraised of the death of the member. This can be done either by visiting the CPF service centres or by contacting them via mails at the following address.

      Central Provident Fund Board

      Withdrawal Schemes Department (WSD)

      238B Thomson Road

      #08-00 Tower B Novena Square

      Singapore 307685

  • Apply for CPF: To apply for the CPF savings you have to submit the application form to the CPF online or via mail.
    1. To submit the application online, you will need to log into your CPF account using SingPass IDs and use the My Requests option to submit the application.
    2. To submit it offline, you will have to download the application form (FORM CPF-D(1)) and send it to the address mentioned above.

Application form for the withdrawal of CPF savings

The application for the withdrawal of CPF savings will have to be made using FORM CPF-D(1). It is a form that can be gotten from the CPF website and will ask you to provide your details along with information about your bank account into which the funds are to be transferred. You will also have to get your bank details attested by the bank before sending the application in.

Other Documents required

The application form will not be the only document you have to provide. In order to get the process of withdrawing the CPF amount going, you may also have to submit the following supporting documents:

  • Your own identity card along with contact details.
  • The original death certificate of the deceased CPF member. You can also submit their original passport that has been cancelled as a result of the death.
  • You may have to provide a letter from the authorities that confirms the person’s identity number but this will only be required if the death certificate doesn’t already bear this number.
  • You will also have to provide documents that prove your relationship with the deceased CPF member.

Application for withdrawal of HPS

If the member was covered by the Home Protection scheme then you may be eligible for payouts under this scheme as well. To make a claim under this scheme you can log into your CPF account and use My Requests to submit the HPS application online. You will also have to attach a scanned copy of the death certificate. In case you want, you can also have the application set to the following address:

    CPF Board

    Home Protection Scheme Department (HPS)

    238B Thomson Road

    #08-00 Tower B Novena Square

    Singapore 307685

How will the payment be made?

The payments can be made in the following ways:

  • Bank transfers: These can take anywhere from 15 to 20 working days to process.
  • Telegraphic transfers: This may take 5 to 12 working days to be processed.
  • Cheques: The cheques will be dispatched in about 5 working days.

It should be noted that if there are SingTel shares that need to be encashed then it may take an additional 7 working days to complete the payments and all this will happen only if your application is accepted.

What cannot be withdrawn?

While whatever amounts are held in accounts like retirement, ordinary, special and MediSave accounts can be withdrawn, there are somethings that cannot be withdrawn and these are:

  • Any property bought using CPF savings will not be a part of these withdrawals.
  • Any amount that is in an Invest Account under the CPF Investment Scheme-Ordinary Account.
  • Any investment made under the CPF Investment Scheme-Special Account scheme.
  • Payments that form a part of the Dependants Protection Scheme.

While this is just one of the special cases where CPF withdrawals may be permitted, there are other circumstances too where such withdrawals could be made. One such example is that of the withdrawals made on medical grounds. You can read about them here.

Central Provident Fund
CPF Accounts
CPF Schemes
CPF Withdrawals
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