Job seeker support to help Singapore workers who earned $5k or less a month

60,000 jobless people set to benefit each year when scheme is rolled out next April

- Tay Hong Yi

About 60,000 jobless Singapore residents will stand to benefit each year from a new job seeker support scheme to be rolled out next April.

To be eligible for the Skills Future Jobseeker Support, they must have earned $5,000 or less a month on average for the duration of their previous employment within the last 12 months. They also cannot live in a property with an annual value of more than $25,000.

The annual value of property is the estimated gross annual rent if it were to be rented out, according to the Inland Revenue Authority of Singapore.

They will receive up to $6,000 over six months, starting with $1,500 in the first month, and subsequently tapering down, if they meet the requirements.

However, the monthly payouts are capped at an individual's previous-drawn monthly salary, and they stop once the jobless person finds work.

Those who have received payouts will not be able to make another application within three years of their last scheme payout, but there is otherwise no limit on how many times they can be covered by this scheme.

They must also have worked for at least six out of the 12 months preceding their application for the scheme, which will be implemented by Workforce Singapore (WSG).

Manpower Minister Tan See Leng unveiled the scheme's eligibility criteria during a visit to the Devan Nair Institute for Employment and Employability in Jurong East on Aug 27 to witness a career coaching class.

This follows Prime Minister Lawrence Wong's announcement on the maximum duration and payout of the scheme during his maiden National Day Rally speech on Aug 18.

More than 60 per cent of those who are involuntarily unemployed, which broadly refers to those who did not initiate their termination from previous employment, are set to qualify. They include those who are retrenched or dismissed, or whose companies have gone bust.