Anonymous
Hi guys, I have some doubts regarding the CPF DPS. My dad passed away when I was still a minor and I was told I will get 30% and my mum will get 70% from DPS. If my mum remarries and passes, does her husband gets all the CPF balances and DPS money too?
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Elijah Lee
09 Jul 2019
Senior Financial Services Manager at Phillip Securities (Jurong East)
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Her DPS proceeds will be distributed according to the DPS nomination, which itself is seperate from her CPF nomination. So it all depends on who she nominates.
If no nomination is made, then DPS proceeds will be paid to the proper claimant. CPF monies distribution will follow the Interstate Succession Act if no nomination is made.
For peace of mind, please advice your mom to make a nomination and a will.