I am a self-employed person making MediSave contributions. Why am I not given the Matched MediSave Contribution Scheme?
The Matched MediSave Contribution Scheme is only for eligible self-employed persons (SEPs) who participate in the Contribute-As-You-Earn (CAYE) pilot. This is because the Matched MediSave Contribution Scheme is meant to help SEPs make a one-off transition to CAYE, which represents a change from the previous contribution model (yearly MediSave contribution after Notice of Assessment) to the CAYE model (smaller regular contribution as and when SEP receives payment from Government agencies as their corporate service buyers). SEPs who did not make any contributions under CAYE will not receive the matched contributions.