What happens to the CPF Minimum Sum Top-Up when the recipient dies?

Last Updated on 27, April 2014

Question: My wife does not work and she does not have her own CPF money. I make regular contribution to my spouse’s CPF account using the CPF Minimum Sum Scheme Top-up every year to save on taxes. Can I assume that if she makes a CPF Nomination, all her CPF money will go to whoever she nominates?

Answer: For cash and CPF top-ups made before 1 November 2008, the remaining top-up monies will be returned to the givers’ Ordinary Accounts (OA), capped at the principal top-up amounts.

Cash top-ups made on/after 1 November 2008 will be treated as cash gifts to the recipient. Any remaining cash top-ups will be paid to the recipient’s nominees based on his CPF nomination or will be transferred to the Public Trustee for distribution according to the intestacy laws if there is no nomination.

For CPF top-ups made on/after 1 November 2008, any remaining top-up monies will be returned to the givers' OA, capped at the principal top-up amount.

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