A Singapore Government Agency Website 

Why are the excess voluntary top-ups refunded with no interest?

cpfLogo

cpf

Source: https://www.cpf.gov.sg/member

The excess voluntary top-ups can only be determined after all your mandatory contributions have been received for the year. This is usually after the month of  January in the following year. The interest on the excess voluntary top-ups which should not be earned by the member will be returned to the Board.

This information provided here is sourced from the CPF website.


Let other citizens know if this answer was helpful
Did this answer your question?

Can’t find what you’re looking for?