5. Withdrawal limits

The maximum amount that may be withdrawn under regulation 4(1) from a CPF member’s medisave account to pay the premium —

for the additional private insurance coverage under an integrated shield plan, is the medisave withdrawal limit specified in the First Schedule; and

for a non-integrated shield plan, is the medisave withdrawal limit specified in the Second Schedule.

The First Schedule does not apply to the insurance period, commencing on 1 November 2015, of an integrated shield plan which continues an integrated medical insurance plan under regulation 12(1).

The Second Schedule does not apply to the insurance period, commencing on 1 November 2015, of a non-integrated shield plan which continues an integrated medical insurance plan under regulation 12(3)(ii).

Despite the withdrawal limits in paragraph (1), the Board may, on or after a CPF member’s death, permit withdrawals under section 16A of the CPF Act from the CPF member’s medisave account for the payment of such premiums in excess of those withdrawal limits.

The maximum amount that may be withdrawn under regulation 4(1) from a CPF member’s medisave account to pay the premium —

for the additional private insurance coverage under an integrated shield plan, is the medisave withdrawal limit specified in the First Schedule; and

for a non-integrated shield plan, is the medisave withdrawal limit specified in the Second Schedule.

The First Schedule does not apply to the insurance period, commencing on 1 November 2015, of an integrated shield plan which continues an integrated medical insurance plan under regulation 12(1).

The Second Schedule does not apply to the insurance period, commencing on 1 November 2015, of a non-integrated shield plan which continues an integrated medical insurance plan under regulation 12(3)(ii).

Despite the withdrawal limits in paragraph (1), the Board may, on or after a CPF member’s death, permit withdrawals under section 16A of the CPF Act from the CPF member’s medisave account for the payment of such premiums in excess of those withdrawal limits.