About 4 in 5 CPF members who passed away in 2022 had made a CPF nomination
Number of deceased members
Notes:
- The larger increases in the number of deceased members from 2021 to 2022 were due to the higher mortality rates amidst the COVID-19 pandemic.
- Numbers based on CPF members only, and those aged 16 and above who are allowed to make CPF nominations.
Providing for and allowing loved ones to receive CPF savings swiftly, are the top reasons why members make a CPF nomination
Members’ top 5 reasons for making a CPF nomination
Source: Survey conducted at CPF Nomination Booth at MSF Pre-Planning Campaign Roadshow in July 2023
Younger members who passed away were less likely to have a CPF nomination. 2 in 5 members who passed away before age 65 in 2022 had no nomination.
Breakdown of deceased CPF members with and without CPF nominations by age
Notes:
- Breakdown as at end December 2022.
- From 2012 onwards, only CPF members aged 16 and above are allowed to make CPF nominations.
Balances left by CPF members without nominations have increased over the past 3 years, with younger members leaving behind more
Median CPF balance of deceased members without CPF nominations
Notes:
- Figures rounded to the nearest hundred.
Resources