Come January 2020, the qualifying income cap for WIS will be raised from $2,000 currently to $2,300 per month.
SINGAPORE (Feb 18): Lower-wage and older Singaporean workers aged 55 and above will receive more support with the introduction of the Budget 2019 measures, announced Finance Minister Heng Swee Keat during his Singapore Budget speech today.
For one, enhancements be made to the current Workfare Income Supplement (WIS) scheme, which provides cash payouts and CPF top-ups for workers whose earnings are in the bottom 20 percentile.
