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After the merger of Academic Staff Provident Fund Approved Investment Scheme (ASPFAIS) and CPF Investment Scheme (CPFIS), will the transfer be reflected in any of my CPFIS statements?


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Updated by CPF
The transfer will be reflected through the change to the net amount withdrawn.  Your net amount withdrawn under the Academic Staff Provident Fund Approved Investment Scheme - Ordinary Account (ASPFAIS-OA) will be merged with your net amount withdrawn under the CPF Investment Scheme - Ordinary Account (CPFIS-OA).  A footnote will be permanently shown in your "CPFIS Stock & Gold Limits Computation" statement, informing you of the amount transferred from your ASPFAIS-OA. For your investments made under Academic Staff Provident Fund Approved Investment Scheme -Special Account (ASPFAIS-SA), they will be transferred to your CPF Investment Scheme - Special Account (CPFIS-SA). You are able to view your combined investment holdings in your SA portfolio statement.

This information is sourced from CPF


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