13 Feb '14, 4am

Offer more help for #medical expenses #Budget #Singapore

HAVING $200 more in your pocket might not sound much to some, but it proved a huge bonus for security guard Wong Seow Eng last year. Mr Wong's 16-year-old son was in Secondary 4 and had a chance at getting into polytechnic, but the lack of a computer at home was a concern. Cash was tight but help came in the form of a higher Workfare payment. The Workfare Income Supplement Scheme was announced in the 2007 Budget and aims to supplement the pay of older low-wage workers. Mr Wong's $1,800 salary last year would have disqualified him from receiving Workfare, but the monthly income ceiling was raised in the last Budget from $1,700 to $1,900, allowing him to be eligible for a payout. With the Workfare payment and savings, Mr Wong managed to buy a new desktop for his son last year. It cost him $1,600, "but it was worth it", he said. While Workfare helps, the 61-year-old also beli...

Full article: http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=...

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