CPF Board clarifies man's claim that he gets $15 in monthly payout, says unauthorised transfers to Medisave untrue

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SINGAPORE - The Central Provident Fund (CPF) Board on Monday (Sept 9) clarified claims by a 69-year-old man that he receives just $15 a month from his CPF monies, explaining that he had already depleted his Retirement Account.. Read more at straitstimes.com.

SINGAPORE - The Central Provident Fund Board on Monday clarified claims by a 69-year-old man that he receives just $15 a month from his CPF monies, explaining that he had already depleted his Retirement Account.

"This is not true. If there were such transfers, it would appear on his CPF statements," the board said. The Straits Times could not confirm the amounts in his various accounts as the information is private.

 

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