Extra Medisave employer contributions for civil servants and pensioners by next year
Published on Jul 4, 2014 5:33 PM
FROM January 2015, most civil servants will get bigger Medisave contributions from their employers.
On Friday, the Public Service Division announced that it will double the civil service employer's additional contribution for those on the Medisave-cum Subsidised Outpatient (MSO) scheme.
Currently, civil servants on this scheme get an additional 1 per cent each month, on top of the normal statutory Medisave contribution. This will go up to 2 per cent by next year.
The amount will be credited into their Medisave accounts and is capped at $140 a month. It also applies to officers in statutory boards.
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