A new voluntary saving scheme designed especially for the self-employed. It is different to the traditional NPF accounts where employers make contributions. NPF youSave is a new option. You can join if you don’t already have an NPF account or you don’t have savings made for you to NPF by an employer. You, as the contributor, make deposits when you decide when and how much to save.
Who can join? Anyone between the ages 16 to 51 years old. You need to be self-employed – this means you do not have an employer making contributions for you. As you save your money and it will grows in value. Your money also grows with the annual NPF dividend which comes from NPF investments interest.
For more information please Contact NPF youSave Team.