How can I ensure that my court order for a transfer order or charging order meets CPF legislations?
Your 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 is sourced from CPF
Related questions
What are your obligations after the court order is granted, before and following the transfer or payment of CPF savings to your ex-spouse in a divorce?
What happens if my CPF savings are not enough to fulfil my ex-spouse's entitlement as required in the court order?
Can I specify the CPF account in which my ex-spouse is to receive the CPF savings under a transfer order?
Under a transfer order, can I request the monies to be paid to me in cash, instead of transferring to my CPF account?
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