Will my SkillsFuture Credit (SFC) be accrued to my CPF account when I retire?
No. SFC cannot be converted into cash. It can only be used to pay for or offset the out-of-pocket course fees of approved courses.
This information is sourced from SKILLSFUTURE
Related questions
Is SkillsFuture Credit (SFC) a cash account? Will the SFC earn interest?
I am retired. Can I use my SkillsFuture Credit (SFC) for lifestyle courses such as those offered by People’s Association?
Can SkillsFuture Credit (SFC) be used to pay for course registration fees or course materials?
Can I transfer my SkillsFuture Credit (SFC) to someone else (e.g., family member or next-of-kin) especially if they have a greater need for skills training)?
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