CPF WITHDRAWALS BEFORE AGE OF 55 YEARS (Figures)

Parliament of Singapore · 28 July 1987 · 6th Parliament

Official Report, 28 July 1987, Vol 49, Issue 13 · Open in the reader (summaries, search, filters)

Lau Ping SumLee Yock Suan
11

Mr Lau Ping Sum asked the Minister for Labour if he will provide the number of Central Provident Fund account holders who, for various reasons, had withdrawn their CPF savings before the age of 55 in the years 1984 to 1986.

Mr Lee Yock Suan: Mr Deputy Speaker, Sir, a member can withdraw his CPF savings before reaching the age of 55 years if he:

(1) leaves Singapore and West Malaysia permanently; or

(2) having left Singapore for West Malaysia, has attained 50 years of age and has not worked in Singapore for at least two years; or

(3) becomes permanently disabled; or

(4) is found to be of unsound mind.

The details requested for are shown in a Table (Cols. 1417 - 1418) which I would now ask the Clerk to distribute to Members. Table - NO. OF ACCOUNT HOLDERS WHO WITHDREW THEIR CPF SAVINGS BEFORE AGE 55 (Cols. 1417 - 1418)

Source: Singapore Parliament Official Report (Hansard) for 28 July 1987. Republished on SGParliament.