Importance of Making a CPF Nomination
A CPF nomination ensures that your CPF savings are distributed according to your wishes upon your passing.
Without a nomination, your CPF savings will be distributed according to Singapore’s Intestate Succession Act (or Syariah law for Muslims), which may not align with your preferences.
You can choose who will receive your CPF savings (family members, friends, or charities).
Without a nomination, your CPF savings are distributed based on default legal rules, which may not reflect your actual wishes.
With a CPF nomination, payouts are made directly to nominees within 4 weeks of CPF Board receiving the death certificate.
Without a nomination, the distribution process may take 6 months or longer, as the Public Trustee’s Office has to trace legal beneficiaries.
You can specify the percentage each nominee will receive.
You can also update your nomination anytime if your circumstances change (e.g., marriage, divorce, birth of a child).
Making a CPF nomination reduces conflicts among family members regarding who should receive the funds.
It ensures a clear and legally binding distribution of your CPF savings.
If you have an unmarried partner or wish to leave CPF savings to close friends, charities, or non-traditional family structures, a nomination is the only way to ensure they receive it.
Under intestacy law, unmarried partners will not inherit CPF savings automatically.
You can select different types of nominations:
- Cash Nominations - CPF savings are paid as a lump sum.
- Enhanced Nomination Scheme (ENS) – Nominees receive CPF funds directly into their CPF accounts instead of cash.
- Special Needs Savings Scheme (SNSS) – Monthly payouts to a nominee with special needs for better financial management.
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