What happens to my CPF savings if I have unpaid taxes, MediShield Life premiums, CareShield Life premiums or outstanding education loan owed to a CPF member when my account is closed after my renunciation of Singapore citizenship/ permanent residency?
If you have unpaid taxes/MediShield Life premiums/CareShield Life premiums/outstanding education loan owed to a CPF member, we may recover the unpaid amount from your CPF savings when your CPF account is closed.
You are encouraged to settle any outstanding liabilities (e.g. insurance, tax and housing liabilities) before your CPF account is closed.
This information is sourced from CPF
Related questions
Can I withdraw my CPF savings if I have unpaid taxes or MediShield Life/CareShield Life premiums?
Do I need to pay taxes for the amount I withdraw from my CPF accounts?
What happens to my CPF savings if I have an outstanding CPF education loan when my account is closed after my renunciation of Singapore Citizenship/ Permanent Residency?
I have renounced my citizenship and applied to withdraw my CPF savings. Will my application be affected if I choose not to pay the outstanding MediShield Life and/or CareShield Life premiums?
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