CPF accounts belonging to 300,000 foreigners must be closed down by March 31, 2024


SINGAPORE (The Straits Times/Asia News Network): About 300,000 Central Provident Fund (CPF) accounts belonging to foreigners who are neither Singapore citizens or permanent residents will be required to close by March 31, 2024.

These accounts were set up before 2003 – when non-citizens or permanent residents were disallowed from making voluntary contributions to their CPF accounts. After the deadline, they will be shut down automatically.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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