Does anyone know we have ERS in our bank account?
- Thread starter nikonsiao
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;p
icarus said:I wish! I've lived for so long, yet never ever voted before...
but thats another issue altogetherok back to the topic.
Should i get a CF tripod now that i have 500 beans in my pocket?
Lucky me. Finally, I can vote the next time round. Must take photo or next time maybe no chance to vote again. Maybe the 1st time and last time voting. :bigeyes:
romeo said:A Bit confused... why did they ask me if I wanna "transfer $50 from your second lot of ERS to your CPF account to qualify for the third lot of ERS once. Do you wish to proceed with the transfer?"
Isn't this the 3rd lot already???
i also a bit confused, cos the site say Third lot will be paid on 1 Dec 2005, but then we all got it on 23 Dec already.
may be they meant if u want to cash exchange, u can submit the request now but the money only go to your account on 1 Dec 2005
:dunno:
reachme2003
Senior Member
romeo said:A Bit confused... why did they ask me if I wanna "transfer $50 from your second lot of ERS to your CPF account to qualify for the third lot of ERS once. Do you wish to proceed with the transfer?"
Isn't this the 3rd lot already???
establish whether you need to top up in the first place. if you did not receive document from cpf board asking you to top-up, then no need to do so. if you had contributed through employment during this year, no top-up is needed.
sbs99
Senior Member
Ok guys,
got a Q to ask.
My pay has already contributed to the CPF on 29 Nov. Which means im qualified for the last ERS installment.
But strangely, when i checked my OCBC account (which previously received past two ERS), it says i dun have any allocated shares.
So which i checked my new DBS account...maybe they are smart, knew of my new job dedicated account, same thing....no shares.
So i checked with other friends, did i miss a step, or is there a new ruling that u have to submit certain particulars....they all say no.
When my "clueless" friend tried at her atm, she had the 400 waiting to be activated....without doing anything, no submissions of forms or watsoever.
(all she did was her pay had CPF deducted)
Anyone can enlighten me? Before i call the ERS guys....since it's xmas eve...would hate to bug them too. My guess they would be quite bz as well, all looking forward to going home or out. :|
p.s. i checked the website...its not helpful.
got a Q to ask.
My pay has already contributed to the CPF on 29 Nov. Which means im qualified for the last ERS installment.
But strangely, when i checked my OCBC account (which previously received past two ERS), it says i dun have any allocated shares.
So which i checked my new DBS account...maybe they are smart, knew of my new job dedicated account, same thing....no shares.
So i checked with other friends, did i miss a step, or is there a new ruling that u have to submit certain particulars....they all say no.
When my "clueless" friend tried at her atm, she had the 400 waiting to be activated....without doing anything, no submissions of forms or watsoever.
(all she did was her pay had CPF deducted)
Anyone can enlighten me? Before i call the ERS guys....since it's xmas eve...would hate to bug them too. My guess they would be quite bz as well, all looking forward to going home or out. :|
p.s. i checked the website...its not helpful.
"The bonus shares will be calculated at a rate of 3% plus the real GDP growth rate of the preceding calendar year, with a guarantee of at least 3%."Venom81 said:
Therefore, the interest varies year to year. Last year was only 3% because of the downturn. Since Govt already say this year good, you should expect higher interest. This applies to ERS and NSS, if you're still holding on to it.
Bonus shares (interest) will be distributed on 1 Mar 2005.
BTW, I think the interest does not apply to the recent distribution of 400 shares. Only those from previous distribution (2002 & 2003). Unless someone can confirm that to be otherwise.
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