Those who are against accrued interest on amount taken out of CPF must understand that the primary purpose of CPF is for retirement. The accrued interest is amount that your CPF would have grown to had you not used your CPF housing.
CPF gave the concession to use CPF for housing but it must not deplete the amount of CPF for retirement. If you have met the retirement sum, there is no need to return the accrued if you are age 55 and above. If you are against accrued interest, then don’t ever use CPF for housing.
I suggest the whole proceed (in proportion to used) from sale of flat be returned to CPF and forget the idea of accrued interest in this way, just like when you use CPF money to buy share.
