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CPF ENS - Enhanced nomination scheme read that it either goes to MA or (SA/RA) decided during nomination. Now what happen if the beneficiary already hit the full FRS (full retirement sum) or BHS (basic health sum)?
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Elijah Lee
17 Jan 2021
Senior Financial Services Manager at Phillip Securities (Jurong East)
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Hi Frances,
Any balance after crediting into these respective accounts up to the respective limits of BHS or FRS/ERS will be paid in cash to the nominee.