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News Release by:
Ministry Of Finance
23 January 2003 -- |
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| Singaporeans in 1-room and 2-room HDB flats and welfare homes who have not got the Economic Restructuring Shares (ERS) must use Special ERS Forms to make the $50 CPF contribution for the ERS.
Deputy Prime Minister Lee Hsien Loong announced in Parliament on Tuesday that grassroots organisations will help these Singaporeans get the ERS. |
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| Grassroots leaders will be visiting eligible Singaporeans living in 1-room and 2-room HDB flats and welfare homes in the coming weeks to give them the Special ERS Form. They will also help those with financial difficulties make the $50 contribution. The CPF Board cannot accept the CPF contribution without the Special Form. |
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| The Special Form must be submitted to the CPF Board with the $50 CPF contribution by 31 March 2003. The ERS shares will be issued on 1 May 2003. |
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| For more information on the ERS, please visit the ERS website (www.ers.org.sg) or call the ERS hotline at 1800-5-377-377 (1800-5-ERS-ERS). |
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