Written Answer to Unanswered Oral Question

Review of CPF Nomination Rules to Allow for Automatic Revocation of Nomination Upon Divorce

Speakers

Transcript

103 Mr Lim Biow Chuan asked the Minister for Manpower whether the CPF Board had reviewed the CPF nomination rules to allow the automatic revocation of a CPF nomination when a member has been divorced.

Dr Tan See Leng: As mentioned in my earlier reply in March this year, the Ministry of Manpower and the Central Provident Fund (CPF) Board are currently reviewing the rules relating to automatic revocation of a CPF nomination. We understand that the Ministry of Law is also reviewing the rules relating to automatic revocation of wills in the Wills Act 1838. We will provide an update when ready.

Starting from April 2023, CPF Board has reached out to members who experience a change in their marital status, including divorces, to consider making a new CPF nomination. This is in addition to reminders in their annual statement of accounts to review their nominations and make a new one, if required, so that it is up-to-date.