Thursday, February 09, 2012
   
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What happens if I have no nomination?

FAQ Wills - CPF Funds

The CPF Board will transfer the following to the Public Trusteei for distribution in accordance with the intestate law:

(a) Savings in the Ordinary, Special, Medisave and Retirement Accounts;
(b) DPS insured sum;
(c) Fixed deposits under the CPFIS-SA, which will be converted to cash to form part of CPF savings; and
(d) ERS, which will be converted to cash to form part of CPF savings.

The following will form part of your estate:

(a) Cash and investments held under the CPFIS-OA;
(b) Investments held under CPFIS-SA, excluding fixed deposits;
(c) Properties bought with CPF savings;
(d) Shares bought under the Delgro Shares Scheme;
(e) Discounted Singapore Telecom Shares: and
(f) New Singapore Shares (NSS).

The above is subject to change, and may not be accurate and subject to error. Please check CPF Board's website at http://www.cpf.gov.sg/ on their latest rules and policies.

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