3 NS Milestones: $9K CPF Money Award! How to Get the Money?
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Source: www.mindef.gov.sg/imindef/resources/faqs/nsra.html
- Completion of NSF: The NSman's Operationally Ready Date (ORD). The payment will be made on completion of the 20th month of NSF and deposited into the NSman's Post Secondary Education Account (PSEA).
- Mid-point of ORNS training cycle: This will be on the completion of three High-Key In-Camp Training (ICT) or five ICT (of which two are High-Key ICT), whichever is earlier. This award will be deposited into the NSman's CPF account.
- Completion of ORNS traning cycle: This award will be deposited into the NSman's CPF account.
The NSRA is effective from 29 Aug 2010. National Servicemen who reach the milestones on or after this date will be eligible for the respective milestone awards. For example, full-time National Servicemen whose ORD is on or after 29 Aug 2010 will be eligible for the first milestone award. This includes those whose ORD was originally on or after 29 Aug 2010, but had been brought forward due to the fitness incentive of a two-month reduction in full-time NS duration.
The award will be paid out to eligible servicemen within two months of reaching the milestone.
How would it work for those clerks/storemen or people who are less likely to be called back for ICT. For my case, I foresee myself studying and working overseas for at least 6 years after ORD - with that, I might not be able to meet my ICT quote to received the 2nd and 3rd NRSA milestones. Does that mean I will not receive the 2nd and 3rd part that would be worth $6000 of CPF monies? - Completion of NSF: The NSman's Operationally Ready Date (ORD). The payment will be made on completion of the 20th month of NSF and deposited into the NSman's Post Secondary Education Account (PSEA).
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Don know..............
I just know that i'm not qualified for this scheme bcos i MR before the scheme come out!!!
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Originally posted by ShuttleX:
I understand that the current system is:
The three milestones (each from $3000-3500) at which the NRSA will be given out are:
- Completion of NSF: The NSman's Operationally Ready Date (ORD). The payment will be made on completion of the 20th month of NSF and deposited into the NSman's Post Secondary Education Account (PSEA).
- Mid-point of ORNS training cycle: This will be on the completion of three High-Key In-Camp Training (ICT) or five ICT (of which two are High-Key ICT), whichever is earlier. This award will be deposited into the NSman's CPF account.
- Completion of ORNS traning cycle: This award will be deposited into the NSman's CPF account.
How would it work for those clerks/storemen or people who are less likely to be called back for ICT. For my case, I foresee myself studying and working overseas for at least 6 years after ORD - with that, I might not be able to meet my ICT quote to received the 2nd and 3rd NRSA milestones.Does that mean I will not receive the 2nd and 3rd part that would be worth $6000 of CPF monies?
so 21 + 3 + 6 = 30 (ORD + study + overseas)if when at 30, you start ur 1st ICT.
then...
going thru the 10 years ICT cycle,
30 + 10 = 40
ROD at statutory age of 40 for WOSE (up to age 50 for officers)
so still can get what...
the moral of the story is...
come back to dutifully do your ICT cycle and hence you can get the CPF money...no pain, no gain... there's no free meal in this world...
you want it, you earn it... thru blood, sweat and tears...
- Completion of NSF: The NSman's Operationally Ready Date (ORD). The payment will be made on completion of the 20th month of NSF and deposited into the NSman's Post Secondary Education Account (PSEA).
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i ord 3 months b4 the this - come out.do i get it?
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since it's pro-rated, you will qualify for the 2nd and 3rd ones...
so is 3k + 3k = 6k
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Actually one gain some and lose some. Pes C/E uses only eyepower, may never get this payout. Pes A and B should get some money in return. Better than nothing. $ is welcome.
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That is true. No intention of saying if Pes C/E are deserving of NSRA. Just wondering if those people heng heng never kenna call back for ICT (or for me, likely due to overseas studies/work) still will get the CPF monies or not.
Anyone who know this please enlighten. Thanks ;)
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Example 1: 1st Milestone - Early Completion of Full-Time National Service due to Fitness Incentive
Third Sergeant (3SG) Tan was a Section Leader in an Infantry unit during his full-time National Service. He was enlisted on 9 Oct 2008 and completed his full-time National Service on 8 Aug 2010. His duration of full-time National Service (NS) was reduced by two months, from 24 months to 22 months, due to a fitness incentive.
As his original ORD, based on a 24-month full-time NS duration, should have been after the implementation date on 29 Aug 2010 if not for the fitness incentive, he is therefore eligible to receive the first milestone award. As an NSF commander, he will be given $3,500 in his PSEA. He can use the award to pay for his education, in accordance with the PSEA usage guidelines. 3SG Tan will receive a notification from MINDEF informing him of his eligibility. The payment of the first milestone award will be made by February 2011.
Besides the NSRA, 3SG Tan is also eligible to receive his Certificate of Service (COS) and a memento upon his ORD.
Example 2: 1st Milestone - Completion of Full-Time National Service
Special Constable Corporal (SC/CPL) Tan is a Neighbourhood Police Centre Officer (NPCO) in the Singapore Police Force. Sergeant Yong (SGT) is a Section Commander in a Fire Station in the Singapore Civil Defence Force. Both of them were enlisted in September 2008 and are due to complete their full-time NS in September 2010.
As their ORD is after the implementation date on 29 Aug 2010, they are both eligible to receive the first milestone of the award. As a non-NSF commander, SC/CPL Tan will be given $3,000 in his PSEA whereas SGT Yong will be given $3,500 in his PSEA as a NSF commander. They can use the award to pay for their further education, in accordance with the PSEA usage guidelines. They will receive a notification from the Ministry of Home Affairs informing them of their eligibility. The payment of the first milestone award will be made by February 2011.
Besides the NSRA, they will also be eligible to receive their COS and a memento upon their ORD.
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Example 3: 2nd Milestone - Completion of 5 In-Camp Trainings (ICT) with 2 High-Key ICT
Captain (NS) [CPT(NS)] Mohamad, 27 years old, is an Officer Commanding (OC) in a Guards unit and he will be completing his fifth ICT from 8 Nov 2010 to 19 Nov 2010. This is his second High-Key ICT.
After his fifth ICT, CPT(NS) Mohamad will be eligible to receive the second milestone award. As an NS commander, he will be given $3,500 in his CPF account, which will be allocated in the same proportions as prevailing CPF allocation rates for the OA, SA and MA, based on his age group (see Table 1). He can use the award to pay for his HDB flat loan and purchase medical insurance, as these are approved uses based on the CPF guidelines. CPT(NS) Mohamad will receive a notification from MINDEF informing him of his eligibility upon completion of his fifth ICT. The payment of the milestone award will be made by February 2011.
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Example 4: 3rd Milestone - Completion of ORNS Training Cycle
Corporal (NS) [CPL(NS)] Lim is a Driver in an Artillery unit and he will be attending his final ICT required for his ORNS training cycle from 11 Jan 2011 to 21 Jan 2011. This is his 10th ICT. He will be 37 years old when he completes his ORNS training cycle.
After his final ICT, CPL(NS) Lim will be eligible to receive the third milestone award. He will be given $3,000 in his CPF account which will be allocated in the same proportions as prevailing CPF allocation rates for the OA, SA and MA, based on his age group (see Table 2). He can use the award for any approved usage based on the CPF guidelines. CPL(NS) Lim will receive a notification from MINDEF informing him of his eligibility upon completion of his 10th ICT.
ROD: Besides the NSRA, CPL(NS) Lim will also be receiving a gift watch from the Singapore Armed Forces as a token of appreciation for his contributions towards NS.
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ROD: Besides the NSRA, CPL(NS) Lim will also be receiving a gift watch from the Singapore Armed Forces as a token of appreciation for his contributions towards NS.
i haven't received my watch yet........ could SAF forget about giving me? Had been quite some time already...
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Originally posted by Ä«Õß:¸ïÀë:
ROD: Besides the NSRA, CPL(NS) Lim will also be receiving a gift watch from the Singapore Armed Forces as a token of appreciation for his contributions towards NS.
i haven't received my watch yet........ could SAF forget about giving me? Had been quite some time already...
please call 1800-3676767 to lodge a complaint to the civilian customer service officer at CMPB... -
Originally posted by Rednano:
please call 1800-3676767 to lodge a complaint to the civilian customer service officer at CMPB...SAF gan pua cocked-up, my platoon mate got 2 watches...... heard from my OC one fellow got 3 !!!!
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NSRA: any confirmation about the actual amount paid for 1st milestone for those who ORD? is it based strictly on rank? or appointment also?
how much paid for the following ORD NSman ranks? $3500 or $3000
Lta
2Lt
Sgt
Cpl
L/Cpl
Pte
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Originally posted by Culture counter:
NSRA: any confirmation about the actual amount paid for 1st milestone for those who ORD? is it based strictly on rank? or appointment also?
how much paid for the following ORD NSman ranks? $3500 or $3000
Lta
2Lt
Sgt
Cpl
L/Cpl
Pte
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For the 1st milestone for NSRA of ORDed NSman, besides the PSEA payout of $3500, what other token is given?