aseanbriefing.com (21.10.2022) Singapore has recently announced a new healthcare reform plan that will shift the country’s healthcare strategy towards preventive care. The program is called Healthier SG and aims to provide a family physician and one health plan for every resident. The hope is that family doctors will develop strong relationships with their patients and play a more prominent role in preventive healthcare. The change in strategy comes because Singapore is fast becoming an aging society, with one in four residents aged 65 and above by 2030.
Social Security Administration (25.02.2021) Singapore Introduces Government Match for Provident Fund Catch-up Contributions In January, Singapore's Central Provident Fund (CPF) Board introduced the Matched Retirement Savings Scheme, a program that provides a dollar-for-dollar government match of up to S$600 (US$450.56) per year in catch-up contributions for qualifying CPF members from 2021 to 2025.
Ministry of Social and Family Development (31.07.2020) The Courage Fund will help lower-income households affected by COVID-19 who meet the following criteria: 1. At least one household member is a Singapore Citizen or Permanent Resident. 2. At least one household member contracted COVID-19, or was placed on Stay-Home Notice (SHN), mandatory Leave of Absence (LOA) or Home Quarantine Order (QO). 3. [As of 1 June 2020] Household has gross monthly income of ≤$6,200, or gross monthly per capita income of ≤$2,000, prior to being affected by COVID-19.
Ministry of Social and Family Development (31.07.2020) COVID-19 Support Grant is paid to Singapore Citizens or Permanent Residents, aged 16 years and above, who are presently involuntarily unemployed due to retrenchment or contract termination, or presently on involuntary no-pay leave (NPL) for at least three consecutive months, or presently experiencing reduced monthly salary of at least 30% for at least three consecutive months as a result of the economic impact of COVID-19.
NTUC (31.07.2020) SIRS helps Singaporean self-employed persons (SEPs) with less means and family support tide over this period of extraordinary economic uncertainty. SEPs to receive $3,000 each in May, July and October 2020.