57,400 SEPs have qualified for the first draw for work done in 2009
News Release by:
Central Provident Fund Board
11 June 2010 --
On 7 June 2010, the CPF Board conducted its first of the four Medisave Contribution Draw (MCD), for eligible self-employed persons (SEPs) and informal workers for work done in 2009.
2. The top 3 winners are:
Top prize of $3,000 cash: Cheng Kui Leung (SXXXX442A)
Second prize of $2,000 cash: Chong Piang Choy (SXXXX702C)
Third prize of $1,000 cash: Ng Saw Yong (SXXXX848F)
3. Besides the top 3 prizes, another 300 cash prizes of $100 each were also picked. The full results are available on the Workfare Income Supplement (WIS) website at www.wis.sg. All winners will be notified by post.
Qualifying for the MCD
4. 57,400 SEPs and informal workers who had worked in 2009 and fulfilled at least 10% of their 2009 Medisave liabilities qualified for the 7 June 2010 draw.
5. The MCD aims to encourage low-income SEPs and informal workers to contribute to their Medisave accounts. One chance is awarded for every 10% of Medisave liabilities fulfilled - SEPs and informal workers who have fulfilled all their liability would be given the maximum 10 chances.
6. We would like to encourage low-income SEPs and informal workers to fulfill their 2009 Medisave liabilities by 31 July 2010 so as to enjoy the maximum chances of winning up to $3,000 in cash at the next MCD in September 2010. The MCD is open to all low-income SEPs and informal workers who had worked in 2009 and who satisfy the following criteria:
a. Singapore citizen;
b. Average monthly income of less than $1,500; and
c. Live in a property with an Annual Value of not more than $11,000.
Future MCD draws
7. The 7 June 2010 draw is the first in a series of four draws for work done in 2009. The fourth and final MCD, which is also the Annual Grand Draw, will be held in March 2011.
Public Enquiries
8. Information on the MCD can be found at www.wis.sg. Queries can also be addressed via:
- Email at wis@cpf.gov.sg
- Hotline number at 1800-2222-888 (Mon-Fri: 8am – 6pm)