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How can I ensure that my court order for a transfer order or charging order meets CPF legislations?
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Source: https://www.cpf.gov.sg/memberYour court order must contain the following information:
- Legal provision of your ex-spouse’s entitlement for the CPF savings
- The CPF Account that the transfer of CPF savings will be made from
- The amount of CPF savings to be transferred (the “Ordered Amount”). If the amount cannot be determined yet, the court order should state which party will be notifying the CPF Board of this information
- Triggering event upon which the CPF Board should transfer the Ordered Amount
In the absence of the above information, the CPF Board may not be able to comply with the provisions of the court order.
It is important to note that the use of CPF assets must be for the purpose of a division of matrimonial assets, and not for settling maintenance or personal claims or debts.
This information provided here is sourced from the CPF website.
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