Scheduled maintenance: Long-term care insurance information on Healthcare Dashboard is unavailable from 26 April 2024, 8pm to 28 April 2024, 11.30pm for upgrades.

Scheduled maintenance: CPF digital services will not be available on 28 Apr 2024, from 12am to 6am.

Scheduled maintenance: Long-term care insurance information on Healthcare Dashboard is unavailable from 26 April 2024, 8pm to 28 April 2024, 11.30pm for upgrades.

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Why must CPF savings withdrawn for education be repaid with interest?

The primary objective of CPF savings is to help members save for their retirement needs. The amount withdrawn for education and the accrued interest must be repaid to the CPF member's Ordinary Account. This is so that the member would not lose out on the interest that he/she would have earned had the monies not been withdrawn for education purposes.