This benefit is a waiver of the administration charge as follows:

i) where the average month-end Trust Plan Account value for the last 12 months prior to the Trust Plan anniversary is between SGD50,000 and SGD149,999, the administration charge payable for the first month after the Trust Plan anniversary will be waived;

ii) where the average month-end Trust Plan Account value for the last 12 months prior to the Trust Plan anniversary is equal or greater than SGD150,000, the administration charge payable for the first and second month after the Trust Plan anniversary will be waived.