The Authorization Letter For Pension serves as a crucial legal instrument in Singapore's pension management system. It becomes necessary when CPF account holders need to delegate authority for managing their pension affairs, whether due to physical absence, medical conditions, or other personal circumstances. The document must comply with the Central Provident Fund Act and related Singapore legislation, including specific requirements for personal data protection and financial authorization. This authorization letter typically includes detailed identification of all parties, specific powers granted, duration of authority, and may require proper witnessing and notarization depending on the circumstances of use.
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1. Date and Location: Current date and place of execution
2. Authorizer Details: Full name, NRIC/passport number, address of person giving authorization
3. Authorized Person Details: Full name, NRIC/passport number, address of person being authorized
4. Pension Account Details: CPF account number and relevant pension information
5. Scope of Authorization: Specific powers being granted regarding pension management
6. Duration of Authorization: Validity period of the authorization
1. Medical Declaration: Required when authorization is due to medical conditions affecting ability to manage pension
2. Witness Details: Details of witnesses to the authorization when additional verification is required
3. Revocation Conditions: Specific conditions under which the authorization can be revoked
1. Identity Documents: Copies of NRIC/passport of both parties
2. Medical Certificates: Required medical certificates if authorization is health-related
3. CPF Statement: Recent CPF account statement showing pension details
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