Statistics on CPF Members Who Have Made Nominations for Their CPF Savings

Mr Zhulkarnain Abdul Rahim asked the Minister for Manpower (a) what is the current percentage of CPF members who have made nominations for their CPF accounts with a breakdown by (i) age group and (ii) race; and (b) what are the efforts made to promote the making of CPF nominations especially among the elderly and young adult groups.

Making a Central Provident Fund (CPF) nomination allows members’ monies to be distributed more promptly and to beneficiaries in accordance with members’ wishes upon their demise.

Around 80% of members who passed away in 2024 had a nomination. Among members who are alive, older members are understandably more likely to have made a nomination. About 86% of members aged 65 and above have made a CPF nomination compared to 36% among those aged from 16 to 64. Of the members aged from 16 to 64 who have not made a nomination, the majority of them are aged 44 years old and below. Unlike for age, we do not observe sharp differentiations in nomination rates among the different races.

The CPF Board actively encourages members to make their CPF nominations through sustained outreach efforts to engage various demographics, including the elderly and young adult groups. These efforts include publicity campaigns and roadshows in the heartlands conducted together with partner agencies to raise awareness and encourage adoption of legacy planning tools such as CPF nominations, Lasting Powers of Attorney and Advance Care Plans. The CPF Board also sends personalised notifications to remind members to make or review their CPF nominations, especially after major milestones, such as marriage.

The CPF Board has made it more convenient for members to make their nomination through a secure online nomination service. Members who are less digitally savvy can visit our CPF service centres or ServiceSG centres for assistance to make their nomination. With CPF Board’s publicity efforts, more CPF members are making nominations.