|262,000 Employees Receive Workfare Income Supplements For Work Done In 2007|
|Monday, 24 March 2008 10:42|
Together with the first WIS payment in January 2008 , a total of 262,000 employees will receive WIS totalling $272 million for work done in 2007.
Similar to the first WIS payment made on 1 January 2008, employees will receive their second WIS payment in both CPF and cash. The cash portion will be credited into their bank account as specified under the GST Credits scheme. A cheque will be issued if no bank account is specified.
Self-employed persons and informal workers will receive their second WIS payment on 1 May 2008. Self-employed persons (SEPs) or informal workers who worked in 2007, but who have yet to register or make their Medisave contributions, may still receive their full WIS in May 2008 if they register, declare their income and make their Medisave contributions by 31 March 2008. (Please see Annex A for details.)
SEPs and informal workers who declare their income and make their contributions for work done in 2007 after 31 March 2008 will receive their WIS after May 2008.
Outreach Events to Facilitate Registration and Medisave Contributions for Self-employed Persons and Informal Workers
To facilitate registration and Medisave contributions by SEPs and informal workers, the Ministry of Manpower and the Central Provident Fund Board have been organising community outreach events. SEPs and informal workers who qualify for WIS may visit the events to register and make Medisave contributions. (Please see Annex B for list of upcoming outreach events.)
We encourage SEPs and informal workers earning less than $1,500 per month to register for WIS and enjoy its benefits. SEPs need only pay their 2007 Medisave liability to receive WIS. For low wage SEPs, the contribution rates have been reduced to as low as 2.5%, and payments can be made in instalments and at many locations.
Contact InformationInformation on the WIS scheme can be found at the WIS webpage. Queries can also be addressed to CPF Board via: