14 May '11, 5am

Workfare Special Bonus to be given on Sunday

Workfare Special Bonus to be given on Sunday

The WSB, which is part of the Government's $3.2 billion 'Grow & Share' Package announced in the 2011 Budget, is paid in four instalments and is expected to cost about $450 million over three years. -- PHOTO: AFP BY SUNDAY, lower-income Singaporeans will receive their first Workfare Special Bonus (WSB), which is given on top of the regular Workfare Income Supplement (WIS). The WSB, which is part of the Government's $3.2 billion 'Grow & Share' Package announced in the 2011 Budget, is paid in four instalments and is expected to cost about $450 million over three years. Eligible employees will automatically receive their WSB payments fully in cash. Self-employed persons who have declared their income and made their mandatory CPF Medisave contributions will receive half their WSB in cash, and half in their Medisave Account. Those who have declared their income and made Medisave...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

Tweets

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