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What are the benefits of the ElderShield scheme?


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Updated by CPF
ElderShield is a long-term care insurance scheme targeted at severe disability, especially in old age. ElderShield provides monthly payouts of $300 or $400 per month, for up to 72 months. Your plan's benefits depend on when you joined ElderShield.
 
Table 1: Payouts for ElderShield
 
 
If you joined ElderShield from September 2007 (inclusive)If you joined ElderShield between September 2002 and August 2007
ElderShield 400ElderShield 300
Payout Amount$400/month$300/month
Payout DurationUp to 72 months (six years)Up to 60 months (five years)
 
 
If you are also covered under ElderShield Supplements, you will receive additional benefits.

This information is sourced from CPF


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