Will my new CPF working contribution partially pay off my outstanding MediShield Life and CareShield Life premiums if I am on a monthly GIRO instalment plan?
Yes, your new CPF working contributions will be used to pay your outstanding MediShield Life and CareShield Life premiums. This helps to reduce the outstanding amount and avoid enforcement actions.
If you are currently on a monthly GIRO payment arrangement, your monthly GIRO deduction amount will remain unchanged, but the payment plan will end earlier once outstanding premiums are fully paid.
This information is sourced from CPF
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