A proper claimant is a beneficiary, usually a family member, of the deceased member/nominee. The proper claimant can claim monies due to the deceased member/nominee's estate via an application process. This applies when no executor or administrator has been appointed for the deceased member/nominee’s estate and the estate does not exceed $50,000, covering two scenarios:
- Dividends, sale proceeds and other monies in respect of discounted Singtel shares belonging to a deceased member who passed away without a nomination; or
- Nominated CPF savings that would have been paid to the deceased nominee who had passed away before he could receive it.
Write to us for more details about the application via the proper claimant route.