Beware of scam calls and scam messages impersonating as CPF officers asking for your personal details. Ignore them and do not share your Singpass ID/password or banking details with anyone. CPF officers will NOT ask for your Singpass, banking userid or password.

Scheduled Maintenance: CPF digital services will not be available on 4 Dec 2022, from 12am to 8am.

Maintenance: CPF digital services are not available on 22 Nov 2022 from 12.30pm to 2.30pm. You may access CPF Mobile app.

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What happens to a deceased member's discounted Singtel shares?

The treatment of the deceased member's discounted Singtel shares depends on whether he had made a valid nomination before his passing.

If the deceased member had made a valid nomination, his discounted Singtel shares will be distributed to his nominee(s) in the proportion he had indicated in his CPF nomination form. The nominee can either instruct the Board to sell the shares or transfer the shares to his Central Depository (Pte) Ltd securities account.

 

The dividends and proceeds stop earning CPF interest upon the member's passing, as they are not CPF monies but assets held on behalf of the beneficiaries. 

If the deceased member had not made a valid nomination, or had passed away before 1 January 1996, his discounted Singtel shares will form part of his estate. The dividends and proceeds stop earning CPF interest upon the member's passing, as they are not CPF monies but assets held on behalf of beneficiaries as part of the deceased member's estate. Find out how you can claim the deceased member's discounted Singtel shares.