23 Jul 2012, 10.47AM
I heard this ridiculous case ... the ineffectiveness of CPF to understand the issues .. just follow a book ..
A CPF member, age 85 years old .. recently was hospitalised .. his Medisave account do not have enough funds but his Ordinary still has balance .. he requested to transfer this to Medisave so that his bills can be paid...
CPF officers ask him to gp down personally to CPF offices to effect his transfer .. he is so frail that he said that he will not be able to go to CPF offices .. luckily, one of the CPF officers took to initiate to do the transfer without the need to go down to CPF ..
This is more ridiclous ... he has a Retirement Account(RA) balance .. he now has exhausted both his Ordinary and Medisave account .. he now request that his hospital bills be paid by this Retirement Account .. to his suprise, CPF rejected this as CPF inform him the the RA balnce can only be withdrawn and given to his beneficary upon his DEATH ... so money cannot be used when he is alive .. money to go to soemone when he DIES ????