Half of CPF members aged 65 or older who passed on in 2015 had about $6,800 or less left in their CPF accounts
The following is a written answer Singapore's Manpower Minister gave to a Parliamentary Question on CPF account balances for deceased members from 2010 to 2015
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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
Any unused CPF balances are bequeathed to the deceased member’s nominated beneficiaries. If there are no nominated beneficiaries, the unused CPF balances are distributed under intestacy laws.
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Source: MOM
| In the Year | CPF Balances | |||
| Mean | Median | 10thPercentile | 90thPercentile | |
| 2010 | $ 8,300 | $ 3,000 | $ 100 | $ 22,200 |
| 2011 | $ 9,800 | $ 3,500 | $ 200 | $ 26,200 |
| 2012 | $ 12,300 | $ 4,000 | $ 200 | $ 30,300 |
| 2013 | $ 13,300 | $ 4,800 | $ 300 | $ 34,800 |
| 2014 | $ 16,100 | $ 5,700 | $ 400 | $ 39,700 |
| 2015 | $ 18,600 | $ 6,800 | $ 500 | $ 45,400 |
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