About 4 in 5 CPF members who passed away in 2023 had made a CPF nomination
No. 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.
Allowing loved ones to receive CPF savings swiftly and without any fees are the top reasons why members make a CPF nomination
Members’ top 5 reasons for making a CPF nomination
Source: From ground engagement roadshows from Jul 2023 to Jul 2024.
Younger members who passed away were less likely to have a CPF nomination. 2 in 5 members who passed away before age 65 in 2023 had no nomination.
Breakdown of deceased CPF members with and without CPF nominations by age
Notes:
- Breakdown as at end December 2023.
- 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.
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