A Singapore Government Agency Website 

Back to home

Minor's CPF monies held in trust.


mlaw-logo
Updated by MLAW

The Public Trustee will hold in trust, monies of minors who have yet to attain the age of majority.

The monies that is held in trust will be invested in safe financial instruments such as fixed deposits and bonds. The monies with interest earned (after deduction of the Public Trustee's administration fees) will be distributed to the minor when he / she reaches the age of majority (either 18 or 21).

Statement of Accounts for the monies held in trust by the Public trustee can be viewed online through https://go.gov.sg/pto.


Was this answer helpful?
Your opinion matters! Be the first to vote.

ask-question-illustration
Need more help?
Get in touch