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Type of Medical Scheme |
Co-Payment on Ward Scheme (CPW) |
Comprehensive Co-Payment Scheme (CCS) |
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Medisave Rules Applicable |
| Your Medisave balance at 55 |
| Medisave Required Amount (MRA)
Please click to see the prevailing MRA. |
The MRA refers to the amount you need to set aside in your Medisave Account after meeting the CPF Minimum Sum requirement.
The MRA applicable to you is 30% of the prevailing MRA. |
The MRA refers to the amount you need to set aside in your Medisave Account after meeting the CPF Minimum Sum requirement. |
| Medisave Minimum Sum (MMS)
From 1 July 2012, it is $38,500. |
Once you set aside 30% of the MMS at age 55, you are allowed to withdraw any Medisave in excess. |
Once you set aside the full MMS at age 55, you are allowed to withdraw any Medisave in excess.
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| Your Medisave contribution from 55 |
| Medisave Contribution Ceiling (MCC)
From 1 July 2012, it is $43,500. |
If you are working and contributing to CPF, 30% of the MCC applies.
Once you reach this ceiling, any further Medisave contribution will overflow to the Retirement Account if you have a CPF Minimum Sum shortfall. Otherwise, the amount will overflow to the Ordinary Account. |
If you are working and contributing to CPF, the full MCC applies.
Once you reach this ceiling, any further Medisave contribution will overflow to the Retirement Account if you have a CPF Minimum Sum shortfall. Otherwise, the amount will overflow to the Ordinary Account.
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