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Old 14-09-2018, 02:00 PM   #5
eric3743
Supremacy Member
 
Join Date: Jun 2016
Posts: 6,012
I also read between the lines that it stays until u return or uplorry. But this is illogical if they let u withdraw anything in OA/SA above FRS.

I actually 45 currently and meet FRS and MA limit liao. Auto compounding at current interest rates, this should still meet the new FRS and MA limits in 10 years time.
This is all about proper accounting procedure.

What is taken out need to be returned + interest to your account as like it is there all along.

The point on CPF is whatever go in will have stay there until to the point that you are allow to withdraw based on conditions.

Anyway it is still your monies but the money flow in & out have to be recorded in your account statement.

Taking CPF out for housing do not mean as withdrawal but as merely a loan from your own CPF account managed by CPF Board.
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