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The Workfare Income Supplement (WIS) scheme encourages eligible workers to work and build up their CPF savings by providing them with cash payments and additional CPF contributions.
Jun 20, 2024 · You will be eligible for the Workfare Income Supplement (WIS) scheme if you: i. are a Singapore Citizen; ii. are at least 30 years old or older on 31 December of the Work Year or are a person with disability of any age;
The Workfare Income Supplement scheme encourages eligible workers to work and build up their CPF savings by providing them with cash payments and additional CPF contributions. Please refer to cpf.gov.sg/wis for more details. If you wish to check your eligibility, you may login to our e-services.
If you are an employee, you do not need to do anything. Your eligibility for Workfare Income Supplement (WIS) will be automatically assessed based on the CPF contributions* made by your employer.
May 3, 2024 · Eligible sponsoring employers may receive: Absentee Payroll (AP) Changes to WSS from 2025. From July 2025, the following enhancements will be made to WSS: Qualifying income cap of $2,500 will increase to $3,000 per month. For more information. To find out more: Visit the WSG website.
Workfare Income Supplement (WIS) Scheme. Supplements eligible workers' income and retirement savings through cash payments and CPF contributions. SCHEME HIGHLIGHTS. Employees: payment of up to $4,200 per year currently and up to $4,900 per year from 2025 (40% cash, 60% in CPF)
Feb 23, 2024 · To be eligible for WIS, you must: Be a Singapore Citizen above the age of 30. Earn a gross monthly income of between $500 and $2,500 (update: increased to $3,000 w.e.f. 1 Jan 2025) for the month worked and in the past 12 months. Gross monthly income includes basic salary, overtime pay, commissions and bonuses.
From January 2023, you may check your WSS eligibility by logging in to the Workfare eService with your Singpass. Please note that you do not need a WSS letter for course enrolment with Training Providers.
Jun 29, 2022 · Eligible workers will receive support via cash and CPF top-ups to supplement their income and retirement savings. From 2023, the Workfare Income Supplement will be enhanced to provide higher annual payouts of up to $4,200 for eligible Singaporean worker.
You will be eligible for the Workfare Income Supplement (WIS) scheme if you: i. are a Singapore Citizen; ii. are at least 30 years old or older on 31 December of the Work Year or are a person with disability of any age; iii.
