Central Provident Fund (Amendment) Regulations 2024

Status:

Published in Subsidiary Legislation Supplement
on 31 Jan 2024

No. S 58

Central Provident Fund Act 1953

Central Provident Fund
(Amendment) Regulations 2024

In exercise of the powers conferred by section 77(1) of the Central Provident Fund Act 1953, the Minister for Manpower, after consulting with the Central Provident Fund Board, makes the following Regulations:

Citation and commencement

1. These Regulations are the Central Provident Fund (Amendment) Regulations 2024 and come into operation on 1 February 2024.

New regulation 18

2. In the Central Provident Fund Regulations (Rg 15), after regulation 17, insert —

“Information relating to deceased member which Board may disclose

18.—(1) This regulation applies where the Board has been notified of a member’s death on or after 1 February 2024.

(2) The Board may disclose to a person mentioned in section 59(10) of the Act the following information (if any) relating to a deceased member under section 59(11)(c) of the Act:

(a)

information relating to the member’s rights, benefits and obligations in relation to —

(i)	any insurance scheme established and maintained by the Board under the Act;
(ii)	the Lifelong Income Scheme established and maintained by the Board under section 27K of the Act or any other annuity or retirement scheme provided under the Act;
(iii)	the CareShield Life Scheme;
(iv)	a Supplement Scheme as defined in section 2(1) of the CareShield Life and Long‑Term Care Act 2019;
(v)	the ElderShield Scheme;
(vi)	the former ElderShield Scheme as defined in section 2(1) of the CareShield Life and Long‑Term Care Act 2019;
(vii)	the former ElderShield Supplement Scheme as defined in regulation 2 of the CareShield Life and Long‑Term Care (Transitional Provisions for former ElderShield Scheme and former ElderShield Supplement Scheme) Regulations 2021 (G.N. No. S 811/2021);
(viii)	the MediShield Life Scheme; and
(ix)	the medical insurance plans specified in the MediShield Life Scheme (Private Medical Insurance Scheme) Regulations 2015 (G.N. No. S 623/2015);

(b)

information relating to the member’s proceeds, benefits and obligations in relation to an investment made by the member under a scheme in accordance with regulations made under section 77(1)(n) and (na) of the Act;

(c)

without limiting section 59(11)(a) of the Act, information relating to —

(i)	withdrawals from moneys standing to the member’s credit in the Fund;
(ii)	amounts (including monthly income) paid or payable to the member under the Act;
(iii)	transfer of moneys between the member’s accounts in the Fund;
(iv)	payment or repayment of moneys to the member’s accounts in the Fund;
(v)	the member not needing to comply with section 15(6)(a) of the Act by reason of section 15AA(3) of the Act; and
(vi)	refunds paid or payable to the Board by the member under the Act.”.

[G.N. Nos. S 695/2002; S 367/2003; S 780/2004; S 718/2007; S 820/2010; S 724/2011; S 540/2012; S 201/2013; S 565/2014; S 30/2015; S 233/2015; S 191/2016; S 722/2016; S 884/2019; S 854/2020; S 1018/2021; S 120/2022; S 288/2022; S 482/2022; S 604/2023]

Made on 23 January 2024.

NG CHEE KHERN

Permanent Secretary,
Ministry of Manpower,
Singapore.

[Plg&Pol/CPFPol/Legis/CPFSL/2024; AG/LEGIS/SL/36/2020/7 Vol. 1]

(To be presented to Parliament under section 78(2) of the Central Provident Fund Act 1953).

Search within Legislation