Query on property pledge for Min Sum

[aspeed]

My interpretation of the email from what i asked and the reply from CPF; is the illusion we just need to pledge $77,500 CPF with the other $77,500 via your property and be able to enjoy approx $1,200 a month payout. Subsequently upon our death, CPF will not ask back for the $77,500 pledged by your property upon the sale of that flat.

How much you get in monthly payout (after 65) depend on how much you contributed to min sum basket. So when you only contribute $77,500, likely you will get half of those who contributed $155K.

So by pledging house, you don't "owe" CPF anything, so obviously no need to pay back after death.

If sell house and still alive, the remaining half will go into min sum, and monthly payout will be adjusted accordingly.