Benefit 1:
Guaranteed Dividend
3% per annum
for members contributing to the Housing Fund Scheme account.
This benefit is available only to individual participants with a basic salary not exceeding $6,000.00 per month.
For participants with a salary above $6,000.00, the dividend rate will be based on what TAP has declared.
Benefit 2:
Home Ownership Financial Assistance
Financial Assistance under this Scheme is available exclusively for participants whose average monthly income over the last 24 months preceding the application is not more than $2,000, or whose household income does not exceed $4,000 per month.

Conditions to be Eligible for the Financial Assistance

Eligible Age
At least 25 years old at the time of the withdrawal application for this scheme.

Not a House Owner
Does not own a house for themselves or their family (e.g., spouse or dependents).

Contribution Frequency
Has made consistent and continuous contributions as a member of TAP and in this scheme for a period of not less than 48 months.

Contribution Rate
Has an average contribution rate of at least 5% of their monthly salary into this scheme.
