The Workfare Skills Support (WSS) scheme is a Singapore government initiative that encourages lower-wage workers to upgrade their skills through training support and financial incentives. It complements the Workfare Income...
To combat the rising cost of living, Singapore continues to provide strong financial assistance through the U-Save Rebate scheme. This quarterly rebate of up to $190 helps lower- and middle-income households reduce their electricity, water, and gas expenses directly through their SP Services accounts. The program, part of the GST Voucher (GSTV) and Assurance Package, supports over 950,000 households across various types of HDB flats in 2025.
The Institute of Technical Education (ITE) Monthly Financial Assistance Scheme (MFAS) is a targeted support program in Singapore that provides monthly cash aid to full-time ITE students from lower-income families. This scheme aims to ease financial stress arising from daily living expenses such as meals, transport, and learning materials. Supported by funding partners such as the Temasek Foundation, MFAS ensures that financial difficulties do not disrupt a student’s educational journey.
The U-Save rebate is an integral part of Singapore's GST Voucher scheme, designed to alleviate utility costs for eligible households, particularly those residing in HDB flats. The scheme provides quarterly credits towards electricity and water bills, with enhanced rebates for the year 2025. This rebate ensures continued support for households managing rising living expenses, with the final payment for FY2025 scheduled for January 2026.
The Majulah Package provides seniors in Singapore with an opportunity to boost their retirement savings through the Retirement Savings Bonus, automatically credited to their CPF accounts. Eligible seniors can receive up to $1,500, along with additional bonuses like the Earn and Save Bonus and the MediSave Bonus, ensuring they are equipped to manage their retirement and healthcare needs.
Singapore’s Workfare Income Supplement (WIS) will provide employees with payouts of up to $4,900 annually from 2025. The enhanced scheme offers cash and CPF support, with revised income and property limits allowing more workers to benefit.
The UK government is implementing a Digital ID scheme to modernize identity verification processes. The initiative aims to enhance security, improve access to services, and reduce identity fraud through a secure, smartphone-based identity solution. By the end of the current Parliament, this system will be available to all UK citizens and legal residents.
