THE CPF MINIMUM SUM
Once your mum or dad turns 55, the money from their CPF Ordinary and Special Accounts will be merged into a Retirement Account. For those turning 55 between now and June 30, 2014, this account needs to have a minimum sum of $148,000. The excess amount can then be withdrawn
freely. Only 45 per cent of active CPF members turning 55 in 2011 met the CPF Minimum Sum requirement, which
was then $131,000.