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Updates on 20 Apr 2021

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Overview

Help taxi drivers build healthcare savings

A tripartite scheme

The DAS is a tripartite co-contribution scheme initiated by the taxi industry and the National Taxi Association to enhance the welfare of taxi drivers.

How can taxi drivers qualify?

Only taxi principal hirers who make regular MediSave contributions are eligible to receive co-contributions. Every month, the CPF Board sends a list of eligible drivers to your company to process co-contributions.

How does it work?

Participating taxi companies will contribute $20 each month to the taxi drivers' MediSave. The co-contributions can be used to offset their mandatory MediSave contributions.

Benefits

Benefits of participating in Drive and Save

Your taxi drivers will be able to receive additional MediSave contributions to offset their mandatory MediSave contributions.

1
One-time onboarding

Once onboarded, it's hassle-free to make MediSave co-contributions for taxi drivers.

2
Easy to keep track

CPF Board informs you whom to make MediSave co-contributions for. You only need to provide the Board with a list of participating taxi principal hirers.

Onboarding

How to implement Drive and Save

Apply for MediSave for Self-Employed (MSE) CPF submission number

Your company needs an MSE CPF submission number

 

Taxi companies must apply for an MSE CPF submission number (MSE CSN) before they can make DAS co-contributions to their taxi principal hirers. 

 

The CPF submission number (CSN) your company uses for paying CPF contributions to employees cannot be used for this purpose. 

Apply now

Set up data exchange

Register for Generic Data Exchange Center

 

The Generic Data Exchange Center (GDEC) allows you to exchange data with the CPF Board. Registration is for free. 

Register now

Set up payments

Apply for CPF EZPay

 

CPF EZPay will allow you to easily submit CPF contributions online. 

Apply now
FAQs

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