The key objective of STSS is to provide members with an opportunity to earn more regular and consistent returns on their monies presently standing in their Subscription Capital Accounts (SCA). Unlike STSS, the dividend rate declared for the SCA could fluctuate over the years.
STSS Series 11 is a by invitation only, 2 year savings scheme for all members with no outstanding loans with Police Co-op and have a minimum balance of $2,000 in their SCA as at 31 October 2020. For full details of the scheme, please click here.
Members who are eligible for STSS Series 11 will receive the followings by mail from 19 November 2020 onwards:-
1) Letter of Invitation;
2) Reply Slip;
3) Administrative Rules;
4) Annex A to Administrative Rules; &
5) Business Reply Envelope
Members who are interested, please indicate your interest to participate in the scheme by completing the Reply Slip and return it to Police Co-op by post using the enclosed Business Reply Envelope by 7 December 2020, 5.30pm.
Alternatively, members may submit the Reply Slip to Police Co-op’s office personally. Members will be deemed as not participating in the STSS Series 11 if no reply is received by the deadline. Only Original Reply Slip is accepted.