Minor's CPF monies held in trust.
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.
Need more help?
Get in touch