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http://sgfuck.org/mybb/Thread-CPF-members-under-HPS-to-receive-premium-rebates-in-Nov
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[TD="class: trow1, align: center"] reiko http://sgfuck.org/mybb/images/buddy_online.gif
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[TD] http://www.todayonline.com/singapore/949000-cpf-members-under-hps-receive-premium-rebates-nov
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[TD] http://sgfuck.org/mybb/images/mobile/posted_0.gif Post: #1
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[TD="class: trow1, align: center"] reiko http://sgfuck.org/mybb/images/buddy_online.gif
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[TD] http://www.todayonline.com/singapore/949000-cpf-members-under-hps-receive-premium-rebates-nov
Quote:SINGAPORE — About 949,000 CPF members under the Home Protection Scheme (HPS) will have premium rebates credited to their CPF Ordinary Accounts in November this year.
The Central Provident Fund Board said in a news release today (Aug 5) that CPF members who are covered under the HPS from July 1, 2006, will receive these rebates. About half of those eligible will receive $400 or more.
The HPS premium rebates will be distributed for the fifth time this year since 2006. The rebates arise from better than expected investment returns and lower than projected claims, the Board said in the statement.
HPS acts as a mortgage-reducing insurance that protects CPF members and their families from losing their homes in the event of death or permanent incapacity of the insured member before the housing loans for their HDB flats are fully paid up.
In 2006 and 2012, HPS premiums were lowered following regular reviews to keep it affordable and competitive for CPF members.
CPF members who use their CPF savings to pay for the monthly housing loan instalments of their HDB flats must be insured under HPS. Those who do not use their CPF savings also opt to be protected under HPS.
Eligible CPF members can log in to the CPF website with their SingPass from the second half of November this year to check their rebate amount. The amount will be reflected in the CPF Statement of Account which they will receive in January next year.
[/TD]The Central Provident Fund Board said in a news release today (Aug 5) that CPF members who are covered under the HPS from July 1, 2006, will receive these rebates. About half of those eligible will receive $400 or more.
The HPS premium rebates will be distributed for the fifth time this year since 2006. The rebates arise from better than expected investment returns and lower than projected claims, the Board said in the statement.
HPS acts as a mortgage-reducing insurance that protects CPF members and their families from losing their homes in the event of death or permanent incapacity of the insured member before the housing loans for their HDB flats are fully paid up.
In 2006 and 2012, HPS premiums were lowered following regular reviews to keep it affordable and competitive for CPF members.
CPF members who use their CPF savings to pay for the monthly housing loan instalments of their HDB flats must be insured under HPS. Those who do not use their CPF savings also opt to be protected under HPS.
Eligible CPF members can log in to the CPF website with their SingPass from the second half of November this year to check their rebate amount. The amount will be reflected in the CPF Statement of Account which they will receive in January next year.
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