Can a Donee appointed under a Lasting Power of Attorney (LPA) under the Mental Capacity Act withdraw the member’s CPF savings when the member becomes mentally incapacitated?

[Question]: Can a Donee appointed under a Lasting Power of Attorney (LPA) under the Mental Capacity Act withdraw the member’s CPF savings when the member becomes mentally incapacitated?

[Answer]: If the Donee has been appointed by the member to make decisions on behalf of the member for his or her CPF matters via a LPA, the Donee can apply to withdraw the member’s CPF savings if the member loses mental capacity permanently.

Information source (on 2022-02-07):

https://www.cpf.gov.sg/member/faq/retirement-income/retirement-withdrawals/can-a-donee-appointed-under-a-lasting-power-of-attorney-lpa