The treatment of a deceased bankrupt member's CPF monies and assets depends on whether there is a valid nomination.

 

If the deceased member had made a valid nomination, his remaining CPF savings and discounted Singtel Shares (if any) are protected and, will be distributed in cash to his nominee(s).

 

If the deceased member had not made a valid nomination, his remaining CPF savings will be forwarded to the Public Trustee's Office (PTO) for distribution according to the intestacy or Muslim Inheritance laws. However, his discounted Singtel shares (if any) are due to his estate and the Official Assignee may lay claims on the shares.