How do regular MediSave co-contributions received under the Drive and Save Scheme benefit me?
Under the Drive and Save (DAS) Scheme, the regular MediSave co-contributions from your taxi operator can:
- Offset your mandatory MediSave contributions under the Self-Employed Scheme
- Earn up to 6% interest per annum on your MediSave savings
- Use of MediSave savings to pay for medical expenses and healthcare insurance
- Qualify for Workfare Income Supplement scheme for lower-wage workers
This information is sourced from CPF
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