Division of CPF assets

Under a transfer order, we transfer savings directly from one party's CPF accounts to the receiving party's CPF accounts. Generally speaking, money is transferred to corresponding CPF accounts: from Ordinary Account to Ordinary Account, Special Account to Special Account, and so on.

The transfer of CPF monies can take place without the party setting aside his retirement sum first. The receiving party can use the CPF monies immediately for approved CPF schemes such as housing, investment and education. They may also withdraw the monies when they are eligible. 

For a transfer order to work, the receiving party must be a Singapore Citizen or Permanent Resident as at the date of the court order.

Under a charging order, we pay one party's CPF savings to the receiving party in cash upon the party becoming eligible to withdraw their CPF savings.

How the court order is executed depends on the receiving party's citizenship status as at date of the court order:

If your ex-spouse is a Singapore Citizen or Permanent Resident: The charge can only be imposed on the savings in your Ordinary and Special Accounts. Only balances in excess of the Full Retirement Sum can be paid to your ex-spouse.

If your ex-spouse is a non-Singapore Citizen or Permanent Resident: The charge can be imposed on all of your CPF accounts savings, and there is no need for you to meet the retirement sum requirement. 

The court may order a division of your matrimonial HDB flat and, or private property via some of these methods:

• Sale or part-share sale
• Transfer to ex-spouse with full refunds, partial refunds or no refunds to the outgoing owner's CPF accounts
• Retention by one party
• Surrender

The Courts may order:

• An ownership transfer of investment from one party to the receiving party; or
  
• A sale of one party's investments. The proceeds are refunded to the owner's CPF Investment Schemes' accounts before they are refunded to the Ordinary and, or Special Accounts. The Board may then transfer to the receiving party's CPF accounts or pay the receiving party. 

For details, read division of matrimonial investment assets (PDF, 55KB)

If your ex-spouse is one of your CPF nominees, consider making a new nomination to redistribute your CPF savings if necessary. 

You will need to instruct your bank to terminate GIRO arrangements to top-up your ex-spouse’s CPF accounts. 

Please submit a new nomination form to the DPS insurer if you wish to change the beneficiaries of your DPS cover. 

If you share the same contact details as your ex-spouse, please update your mobile number and, or email address via the Account settings page.

If you have been granted sole custody of any of your children, your ex-spouse’s access to the relevant child dashboard will be revoked. Please write to us to submit a request and attach the court order as a supporting document, if this has not been earlier submitted to the Board.

Upon divorce, you and your ex-spouse will no longer be eligible to withdraw each other’s MediSave Account savings for healthcare purposes. You need to revoke all existing standing authorisations to use your MediSave Account savings to pay for your ex-spouse’s treatments and insurance premiums.

If you are paying for your ex-spouse’s MediShield Life premiums via GIRO, please approach your bank to terminate the GIRO payment.

If you had previously made a standing authorisation to use your MediSave to pay for your ex-spouse’s treatments, please approach the medical institution to revoke your authorisation.

To stop MediSave Care withdrawals from your MediSave Account for your ex-spouse, write to enquiries@aic.sg.