20 Feb '11, 5am

Low-wage workers' needs addressed:

SINGAPORE: Labour Chief Lim Swee Say said he is happy that the government has responded well to the needs of low-wage workers under the Workfare Income Supplement (WIS) Scheme. Speaking to reporters on the sidelines of a community event on Sunday, Mr Lim said the workers would benefit from the cash component in the Singapore Budget unveiled by Finance Minister Tharman Shanmugaratnam on Friday. "The scheme has been been improved...and provides a good balance," Mr Lim said. He said the scheme would take better care of workers' needs and enhance their CPF savings so they would have more to draw down under CPF Life when they retire. About 400,000 low-wage workers who stay employed will benefit. Workfare recipients will get a special bonus of 50 per cent more for work done last year and 25 per cent more for work done this and next year. It will be paid out fully in cash, with t...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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