The following is a written answer Singapore’s Manpower MinisterĀ gaveĀ to a Parliamentary Question on CPF account balances for deceased members from 2010 to 2015


Half of CPF members aged 65 or older who passed on in 2015 had about $6,800 or less left in their CPF accounts. Table 1 below shows the CPF balances of CPF members aged 65 or older who passed away between 2010 and 2015.

Table 1: CPF Balances of all SC/PRs aged 65 or older who passed away from 2010 to 2015 Ā 

In the Year CPF Balances
Mean Median 10thPercentile 90thPercentile
2010 $Ā Ā Ā Ā Ā Ā Ā Ā  8,300 Ā $Ā Ā Ā Ā Ā  3,000 Ā $Ā Ā Ā Ā Ā Ā Ā Ā Ā  100 Ā $Ā Ā Ā Ā Ā  22,200
2011 $Ā Ā Ā Ā Ā Ā Ā Ā  9,800 Ā $Ā Ā Ā Ā Ā  3,500 Ā $Ā Ā Ā Ā Ā Ā Ā Ā Ā  200 Ā $Ā Ā Ā Ā Ā  26,200
2012 $Ā Ā Ā Ā Ā  12,300 Ā $Ā Ā Ā Ā  Ā 4,000 Ā $Ā Ā Ā Ā Ā Ā Ā Ā Ā  200 Ā $Ā Ā Ā Ā Ā  30,300
2013 $Ā Ā Ā Ā Ā  13,300 Ā $Ā Ā Ā Ā Ā  4,800 Ā $Ā Ā Ā Ā Ā Ā Ā Ā Ā  300 Ā $Ā Ā Ā Ā Ā  34,800
2014 $Ā Ā Ā Ā Ā  16,100 Ā $Ā Ā Ā Ā Ā  5,700 Ā $Ā Ā Ā Ā Ā Ā Ā Ā Ā  400 Ā $Ā Ā Ā Ā Ā  39,700
2015 $Ā Ā Ā Ā Ā  18,600 Ā $Ā Ā Ā Ā Ā  6,800 Ā $Ā Ā Ā Ā Ā Ā Ā Ā Ā  500 Ā $Ā Ā Ā Ā Ā  45,400
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Any unused CPF balances are bequeathed to the deceased memberā€™s nominated beneficiaries. If there are no nominated beneficiaries, the unused CPF balances are distributed under intestacy laws.


Source: MOM