Why do I still have outstanding MediSave payable when I am already on Contribute As You Earn (CAYE)?
Your Contribute As You Earn (CAYE) contributions is an estimate of your MediSave payable for the year and may be lower or higher than your MediSave payable for the year. If your CAYE contributions are lower than your MediSave payable for the year, you’ll be required to top up the shortfall. You’ll also be required to make MediSave contributions for any outstanding MediSave payable incurred in previous years.
This information is sourced from CPF
Related questions
How will participating in Contribute As You Earn (CAYE) affect my MediSave contributions payable?
I have contributed up to the maximum mandatory contributions for the year. Do I still have to make Contribute As You Earn (CAYE) contributions?
As a self-employed person, how will the Contribute As You Earn (CAYE) scheme affect me?
What is Contribute As You Earn (CAYE)?
Need more help?
Get in touch