If I participate in the Drive and Save (DAS) Scheme, will my Taxi Driver Vocational Licence (TDVL) be automatically renewed?
No, Taxi Driver Vocational Licences (TDVL) will not be automatically renewed upon participation in the Drive and Save (DAS) Scheme.
While co-contributions under DAS will help to offset some of your mandatory MediSave contributions, you must have an active GIRO arrangement with the Board to settle your MediSave payable via monthly instalments, or have fully settled your MediSave payable, to renew your TDVL.
You may refer to the FAQ on how to make your MediSave contributions.
This information is sourced from CPF
Related questions
Will taxi principal hirers who participate in the Drive and Save (DAS) Scheme have their Taxi Driver Vocational Licence (TDVL) be automatically renewed?
How do I register for the Drive and Save (DAS) Scheme?
How does each taxi operator know the Drive and Save (DAS) co-contribution amount?
How does each taxi operator know the Drive and Save (DAS) co-contribution amount?
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