STRUGGLING FOODSHOP OWNER CANNOT RENEW HER LICENSE UNLESS TOP UP $4000 IN MEDISAVE

A netizen has shared a disappointing experience he and his family had with the Central Provident Fund (CPF) and business regulatory authority ACRA over his mother’s foodshop business and her Medisave contributions.

According to the netizen, his mother was recently forced to make a one-time payment of $4,000 to her Medisave account because she had not been contributing enough to her Medisave as a self-employed person. When she tried to make payment in monthly Giro instalments, she was then barred from renewing her foodshop business license because she had not finished paying for her Medisave balance.

This left the netizen’s elderly mother in a very difficult position because she can neither work nor pay off her Medisave arrears because of this administrative deadlock.

The netizen wrote: “So now if you dun pay your “full tribute” at one go to our devils in the ivory tower, they dont allow you to continue operating. Whichever genius ass-brain minister who think this is
a good idea deserve whole family prostate cancer. Will be going the ACRA to resolve this issue but this should have never been a problem in the first place for a “SMART”Nation. Thank you 70% for thinking this is ok.”