Thursday, February 26, 2009

As you guys know I was just back in my Singapore home and as usual after a 4 months absence, my snailmail box is over the roof. Here are just some of them:

  1. Since I am approaching 40 in March, I got an offer from NTUC Income for the ElderShield Scheme. Uwah!!! Eldershield is an affordable severe disability insurance scheme which provides basic financial protection tho those who need long-term care, especially in old age. It provides a monthly cash payout of $400 for a maximum of 72 months to help pay the out-of-pocket expenses for the care of those policyholders who become severely disabled. As much as this sounds like a great insurance, I got to opt out of it as I don’t live in Singapore anymore and the payout is only for those living in Singapore.
  2. I found out that resident individuals earning less than $22,000 a year, do not need to file an Income Tax Return for 2009 anymore. Prior to this everyone got to file even to report zero earning. So.. no filing for me and mommy!

And the good news….

As part of the GST offset package, I am getting SGD500 into my bank account. Yihaa!!.. the first payout is on 1st March for SGD250 and the the balance on 1st July! Sweet!!


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My Sweet Escape

Posted by LadyJava On Thursday, February 26, 2009 No comments


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