Why do I need to make other payment arrangements in order to renew my licence when I am already on Contribute As You Earn (CAYE)?
Your Contribute As You Earn (CAYE) contributions are only based on an estimate of your MediSave payable for the current year. To renew your licence, you will need to pay your MediSave payable incurred in previous years via lump-sum payment(s) or monthly GIRO instalments.
This information is sourced from CPF
Related questions
Can I renew my licence if I have been making Contribute As You Earn (CAYE) contributions?
Why do I still have outstanding MediSave payable when I am already on Contribute As You Earn (CAYE)?
I have contributed up to the maximum mandatory contributions for the year. Do I still have to make Contribute As You Earn (CAYE) contributions?
How will participating in Contribute As You Earn (CAYE) affect my MediSave contributions payable?
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