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Thread: Does anyone know we have ERS in our bank account?

  1. #61
    Member
    Join Date
    Aug 2003
    Location
    Hougang
    Posts
    47

    Default

    Quote Originally Posted by XXX Boy
    Anyone knows how much can I exchange for cash?

    You have been alloted 600 ERS for the 1st lot.
    You have been alloted 400 ERS for the 2nd lot.
    You have been alloted 400 ERS for the 3rd lot.
    NSS allotment 1200.


    So can I go to CPF board and do the exchange (credit into my back account)?

    Thanks!
    Go to http://www.ers.org.sg.
    Try to keep till Mar 2005 when interest is paid. You encash now, you get nothing.

  2. #62
    Member
    Join Date
    Jan 2004
    Location
    GEYLAND LOR 15 LO
    Posts
    1,159

    Default

    My NSS allotment is 1200, so does that means that I can take out this $1200 to exchange for cash also???

  3. #63

    Default

    yes you can.

    whatever % they put in, if you got credit card debt you may as well pay it back instantly cos 24% > 8% interest.

  4. #64

    Default

    i guess it's a good time to donate the ERS for the Tsunami victims...

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