Singapore legislation

Regulation 14

of Central Provident Fund Regulations 1987

Regulation 14

Withdrawal under section 15(8D) of Act

Amended byS 213/2026 wef 08/04/2026S 213/2026 wef 08/04/2026

Subregulation 1

Amended byS 213/2026 wef 08/04/2026

For the purposes of section 15(8D)(b) of the Act, the Board may permit a withdrawal by a member under that section if the transferred amount mentioned in that section is —

(a)

a cash grant made by the Government under the Silver Support Scheme established under section 5(1) of the Silver Support Scheme Act 2015, credited to the member’s account in the Fund under section 14(1) of the Act;

(b)

an amount equivalent to the value of a specified payment under the scheme known as the Workfare Skills Support scheme (formerly known as the Workfare Training Support scheme) credited to the member’s account in the Fund under section 14(1A) of the Act;

(c)

an amount equivalent to the value of a specified payment under a scheme (other than a scheme mentioned in sub‑paragraph (b)) credited to the member’s account in the Fund under section 14(1A) of the Act;

(d)

an amount credited to the member’s ordinary account under regulation 7(8)(a) or (b);

(da)an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026;

(e)

any monthly income paid into a member’s ordinary account under regulation 13E of the Central Provident Fund (Retirement Sum Scheme) Regulations 1988, regulation 10D of the Central Provident Fund (New Retirement Sum Scheme) Regulations 2004, regulation 10D of the Central Provident Fund (Revised Retirement Sum Scheme) Regulations 1995 and regulation 10G of the Central Provident Fund (Retirement Sum Topping‑Up Scheme) Regulations 1995;

(f)

any amount transferred to a member’s ordinary account under regulation 9A of the Central Provident Fund (New Retirement Sum Scheme) Regulations 2004;

(g)

any monthly income paid into a member’s ordinary account under regulation 8 of the Central Provident Fund (Lifelong Income Scheme) Regulations 2009; or

(h)

an amount withdrawn by the member under section 15(8D) of the Act that has been restored to the member’s account in the Fund under regulation 7(1) (called in this regulation a restored amount).

Subregulation 2

Amended byS 213/2026 wef 08/04/2026

For the purposes of section 15(8E) of the Act, the prescribed time for a member’s application to the Board under section 15(8D) of the Act that concerns any of the matters in sub‑paragraphs (a) to (f) is as follows:

(a)

a cash grant mentioned in paragraph (1)(a) or a restored amount in respect of that cash grant — within one year after the date the cash grant is credited or the restored amount is restored (as the case may be);

(b)

an amount equivalent to the value of a specified payment mentioned in paragraph (1)(b) or a restored amount in respect of that amount — within 2 years after the date the amount is credited or the restored amount is restored (as the case may be);

(c)

an amount equivalent to the value of a specified payment mentioned in paragraph (1)(c) or a restored amount in respect of that amount — within one year after the date the amount is credited or the restored amount is restored (as the case may be);

(d)

an amount mentioned in paragraph (1)(d) or a restored amount in respect of that amount — at any time;

(da)an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time;

(e)

any monthly income mentioned in paragraph (1)(e) or (g), or a restored amount in respect of that monthly income — at any time;

(f)

any amount mentioned in paragraph (1)(f) or a restored amount in respect of that amount — at any time.

Subregulation 3

Where the Board permits a withdrawal by a member under section 15(8D) of the Act, the Board may —

(a)

retain in the member’s account in the Fund, the whole or part of any interest earned on the amount permitted to be withdrawn; or

(b)

transfer to the general moneys of the Fund, the whole or part of any interest earned on the amount permitted to be withdrawn.