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Tuesday, August 31, 2010

NSman stand to gain $10,500 as recognition

TO RECOGNISE those who serve the nation, national servicemen who are Singaporeans will receive up to $10,500 over the span of their NS careers.

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Commanders - those holding the rank of Third Sergeant and above in the Singapore Armed Forces, and those holding the rank of Sergeant and above in the Home Team - will each receive $10,500.

NSmen of other ranks will receive up to $9,000 each. Those who hold NSman status as of, and after, Aug 29, are eligible for the National Service Recognition Award (NSRA).

The sum will be split into three equal instalments, the first as the NSman nears the end of his two-year fulltime obligation. This portion will go into his post-secondary education account for further education.

The second and third portions will be credited midway and at the end of his NS training cycle. These sums will be credited into his CPF account to help pay for housing, healthcare and retirement.

The number of instalments each serviceman will receive depends on the stage of the NS training cycle he is currently at. MORE

NSmen can obtain more details at www.mindef.gov.sg/nsra.

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