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REPUBLIC OF THE PHILIPPINESNATIONAL POWER CORPORATION (Pambansang Korporasyon sa Elektrisidad)BID DOCUMENTSName of Project:SUPPLY AND DELIVERY C MEDICINES FOR NPC HEAD 0 (CY 2024)PR No.:HOCBM24001Contents:
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How to fill out closure of cpf accounts

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How to fill out closure of cpf accounts

01
Log in to your CPF account using your SingPass.
02
Go to 'My Requests' and select 'Withdraw my CPF savings'.
03
Fill out the online form with your personal details.
04
Choose the reason for the closure of your CPF account (e.g. leaving Singapore permanently, reaching retirement age, etc.).
05
Verify your information and submit the form.
06
Wait for confirmation of the closure of your CPF account.

Who needs closure of cpf accounts?

01
Individuals who are leaving Singapore permanently and do not intend to maintain their CPF accounts.
02
Individuals who have reached the retirement age and wish to withdraw their CPF savings.
03
Individuals who have become ineligible for CPF contributions (e.g. foreigners who are no longer working in Singapore).
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Closure of CPF accounts refers to the process of officially terminating an individual's Central Provident Fund (CPF) account, usually when the individual reaches retirement age, exits Singapore permanently, or has no further contributions to the account.
Individuals who are retiring, leaving Singapore permanently, or have ceased employment and are eligible for CPF account closure are required to file the closure of their CPF accounts.
To fill out the closure of CPF accounts, individuals must complete the necessary forms available on the CPF website or at CPF service centers, providing personal details and reasons for closure.
The purpose of closure of CPF accounts is to provide individuals with access to their accumulated savings and ensure that funds are managed appropriately upon retirement or departure from Singapore.
The information that must be reported includes the account holder's personal identification details, the account number, and the reason for closure, along with any required documents.
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