What happens to my unused CPF transfers and cash top-ups to my recipient upon his demise or if he closes his CPF account upon leaving Singapore?
Cash top-ups and CPF transfers will generally be treated as gifts to the recipient. Any unused cash top-ups or CPF transfers will be paid to the recipient's beneficiaries upon his demise, or to the recipient himself if he closes his CPF account and withdraws his CPF savings upon leaving Singapore. This is subject to safeguards to prevent premature withdrawals.
This information is sourced from CPF
Related questions
Will my cash top-ups or CPF transfers be refunded to me if the recipient passes away?
What happens to the top-ups I had received in my Special or Retirement Account when my account is closed after my renunciation of Singapore Citizenship/ Permanent Residency?
What if a non-Singapore Citizen or non-Permanent Resident with a CPF account has passed away before he had closed his account and transferred all his CPF savings?
Why are CPF transfers not eligible for tax relief?
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