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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.
Related questions
What happens to the monies held in trust by the Public Trustee for minors?
What are the fees charged for the investment of monies held in trust for minors?
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I will be turning 18 / 21 years old next month. How do I make a claim for the monies held in trust?
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If the child is below 21 years old will he / she be entitled?
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