What will happen if I do not instruct CPF Board to start my monthly payouts?
If you do not provide instructions to the CPF Board using the "Plan my monthly payouts" service, your monthly payouts will start automatically when you reach age 70. These payouts will be paid to the registered bank account provided in your Account settings.
Note: If you belong to the small group of members who have previously joined CPF LIFE before reaching age 65, your payouts will start automatically at 65, or the age (up to 70) you have chosen to start your payouts.
Find out more on what happens to your CPF savings when your monthly payout starts.
This information is sourced from CPF
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