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Common Good Funds

                         

“Common Good Fund” (like Dividend payments) is an annual allocation of TCC’s surplus, designed specifically to assist Members in times of need. Common Good Fund is available to all Members including Family and Associate Members.

In order to be able to enjoy these benefits, members only need to maintain a minimum balance of $1,000.00 in their subscription (S1) account or if the minimum balance is not maintained in their subscription account, the member would have to ensure a continuous monthly contribution to the subscription account for a period of twelve (12) months prior to the claim.

Type of CGF

 

Terms & Conditions:

  • *Admitted to a recognized Singapore hospital for more than 1 day to a maximum period of 30 days in each calender year
  • Final hospital bill must be submitted. Claimable within 6 months from date of admission.
  • Ordinary Members must have monthly contributions to S1 Subscription Account for the past 12 months.
  • Ordinary Members with irregular monthly contributions will not be eligible unless they have a minimum balance of $1000 in their subscription account.
  • Family & Associate Members must have monthly contributions to S2 Savings Account for the past 12 months.
  • Family & Associate Members who have irregular monthly contributions will not be eligible .
  • Claimable by members with at least 1 year of membership

Terms & Conditions:

  • Grant to be claimed by nominees only in the event of the member’s death.
  • Members must have made a nominee. Members who have not made a nominee will not be eligible for the funeral grant.
  • Death Certificate of deceased must be submitted.
  • Claim must be submitted within 6 months of the member's passing.
  • Ordinary Members must have monthly contributions to S1 Subscription Account for the past 12 months.
  • Ordinary Members with irregular monthly contributions will not be eligible unless they have a minimum balance of $1000 in their subscription account.
  • Family & Associate Members must have monthly contributions to S2 Savings Account for the past 12 months.
  • Family & Associate Members who have irregular monthly contributions will not be eligible .
  • Claimable by members with at least 1 year of membership

 

* Terms & conditions apply

  • Claimable within 6 months of birth
  • Each couple can claim for up to 2 children only.
  • Claimable once for each child only.
  • Birth Certificate must be submitted.
  • Members who have received their entitlement will not be eligible for the Baby Bonus in subsequent years.
  • Ordinary Members must have monthly contributions to S1 Subscription Account for the past 12 months.
  • Ordinary Members with irregular monthly contributions will not be eligible unless they have a minimum balance of $1000 in their subscription account.
  • Family & Associate Members must have monthly contributions to S2 Savings Account for the past 12 months.
  • Family & Associate Members who have irregular monthly contributions will not be eligible .
  • Claimable by members with at least 1 year of membership

Loyal Membership Award (applies to Ordinary members only)

Loyal membership award will be given to 50 loyal members per year who have completed 25 years membership with TCC. Members can only benefit from this award once.

* Terms & conditions apply

  • $500 (Shopping Voucher)

TCC, in conjunction with the Management Development Institute of Singapore, gives Annual Bursary awards to TCC members' children. An independent panel of judges determine awards for students from Sec 1 to Sec 5, ITE, Polytechnic & Junior College.

TCC also offers Annual Scholarship & Bursary award to members' children from Pri 3 to Sec 5 which is awarded during our AGM. For more information on Scholarships and Bursaries, call our Member Service Officers at 63193 700

* Terms & conditions apply

  • Claimable by members with at least 1 year of membership
  • 1 of the parents will be required to be a member of TCC if their child is below 16 years old
  • Applicants who are 16 years old and above are required to join as a member of TCC.
  • Ordinary members must have monthly contributions to S1 Subscription account for the past 12 months
  • Ordinary members with irregular monthly contributions will not be eligibile unless they have a minimum balance of $1000 in their subscription account
  • Family & Associate members who have irregular monthly contributions will not be eligible
  • The latest payslip of parents; Notice of Assessment; past 12 months CPF contributions; child's result slip and a copy of birth certificate must be submitted.

 

Terms & Conditions:

  • Husband and wife must be members. At least one spouse must be member for 1 year.
  • Can only be claimed once. If either spouse has claimed before, the couple will not be eligible for the grant.
  • Marriage Certificate must be submitted. Claimable within 6 months of marriage certificate date
  • Ordinary Members must have monthly contributions to S1 Subscription Account for the past 12 months.
  • Ordinary Members with irregular monthly contributions will not be eligible unless they have a minimum balance of $1000 in their subscription account.
  • Family & Associate Members must have monthly contributions to S2 Savings Account for the past 12 months.
  • Family & Associate Members who have irregular monthly contributions will not be eligible .
  • Claimable by members with at least 1 year of membership

Terms & Conditions:

  • Claimable for children up to 18 years of age.
  • Combined Family Income $1500 or below.
  • Both parents must be members. At least one spouse must be member for 1 year.
  • Can only be claimed once per year for each child.
  • Doctor's Letter / Documentation indicating partial or full handicap must be submitted.
  • Child's Birth Certificate must be submitted.
  • Ordinary Members must have monthly contributions to S1 Subscription Account for the past 12 months.
  • Ordinary Members with irregular monthly contributions will not be eligible unless they have a minimum balance of $1000 in their subscription account.
  • Family & Associate Members must have monthly contributions to S2 Savings Account for the past 12 months.
  • Family & Associate Members who have irregular monthly contributions will not be eligible .
  • Claimable by members with at least 1 year of membership

Terms & Conditions:

  • Terms & Conditions:
    1. Claimable for heart check-ups done at Lifeline Heart Centre only.
    2. Claimable for members aged 40 years and above only
    3. Claimable within 1 month of check-up
    4. Claimable once per year only
    5. Ordinary Members must have monthly contributions to S1 Subscription Account for the past 12 months.
    6. Ordinary Members with irregular monthly contributions will not be eligible unless they have a minimum balance of $1000 in their subscription account.
    7. Family & Associate Members must have monthly contributions to S2 Savings Account for the past 12 months.
    8. Family & Associate Members who have irregular monthly contributions will not be eligible .
    9. Claimable by members with at least 1 year of membership

Fruit Baskets will be sent to members hospitalized for more than 1 day.

Terms & Conditions:

  • Admitted for more than 1 day to a maximum of 30 days in each calender year to a recognized Singapore hospital
  • Sent only to hospital room. Cannot be claimed if the member has been discharged.
  • Member or relative must contact TCC with Member's Name, NRIC, and hospital ward details.
  • Can only be claimed once per year.
  • Ordinary Members must have monthly contributions to S1 Subscription Account for the past 12 months.
  • Ordinary Members with irregular monthly contributions will not be eligible unless they have a minimum balance of $1000 in their subscription account.
  • Family & Associate Members must have monthly contributions to S2 Savings Account for the past 12 months.
  • Family & Associate Members who have irregular monthly contributions will not be eligible .
  • Claimable by members with at least 1 year of membership

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