Automatic Revocation of CPF Nominee Status when a Beneficiary Becomes an Ex-spouse following Divorce
- Lim Biow Chuan and Sylvia Lim asked if CPF nominations should be automatically revoked when a CPF member divorces their nominated spouse, similar to how nominations are voided upon marriage.
- The Minister for Manpower explained that CPF nominations are treated like wills, which are not automatically revoked upon divorce, allowing members to still provide for ex-spouses and children, but the CPF Board will remind divorced members to review nominations.
- Sylvia Lim highlighted that CPF funds are divisible as matrimonial assets during divorce, so it may be illogical for ex-spouses to also receive CPF nominations post-divorce, and questioned if the Board would track divorce orders to send reminders.
- The Minister confirmed the CPF Board will work with agencies to remind divorced members to review nominations starting May 2023 and is studying broader policy reforms, including potential changes to nomination rules.