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I received a Final Reminder notification regarding my outstanding CareShield Life/MediShield Life premiums, will the amount payable still be increased?


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Updated by CPF
The Final Reminder notification shows the amount of your outstanding CareShield Life/MediShield Life premiums as at the date sent.
 
Please pay your full outstanding premiums by the deadline indicated in the notification. Otherwise, the amount payable will increase as the Inland Revenue Authority of Singapore (IRAS) will impose compounded interest of 4% and penalties of up to 17% on your outstanding premiums. To do so, please click on the link below for the payment options.
 

This information is sourced from CPF


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