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Source:
www.mom.gov.sg |
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300,000 Singaporeans awarded $137M of Workfare
Bonus |
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To date, some 300,000 Singaporeans have
qualified for the Workfare Bonus with total payout exceeding $137m1
. Those who have signed up for the Progress Package received their
Workfare Bonus on 1 May. |
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12% of recipients with an income of $400 or
less will be allotted a bonus of 1.5 months income. |
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48% of the recipients will receive the
maximum of $600, 22% will receive $400 and 18% will receive $200. |
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Singaporeans who meet the Workfare Bonus
criteria, had regular CPF contributions in 2005 or who had declared
their 2005 income by 1 April through their income tax returns or WBS
declaration forms, should have been notified of their allotment by now. |
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Those who had declared their income after 1
April will receive their notification letters in due course if they
qualify. |
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Sign-up for Progress Package |
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Singaporeans who have not signed up for the
Progress Package can still do so through any DBS/POSB/UOB/OCBC ATM by 31
May 06 or the website
www.progress.gov.sg by 31 Dec 06. |
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Alternatively, they can collect a form
at any post office, Community Centre/Community Development Council
office or CPF Service Centre and submit it to the CPF Board by 31
Dec 2006. They will receive their money after 1 May 2006. |
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Public Enquiries |
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For more information on the Progress
Package, the public can visit the Progress Package website at
www.progress.gov.sg or
call the CPF Board at 1800-2222-888. |
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1
90% of the Workfare Bonus will be paid in cash. The remaining 10%
of the bonus will go into the recipient¨s CPF Medisave Account to
help build up savings for healthcare needs. |
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Source:
www.mom.gov.sg Press Release 1
May 2006 |
300,000 Singaporeans awarded $137M
of Workfare Bonus
