MOF rolls out $4b wage support

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No This is expected to benefit over 140,000 employers. The Ministry of Finance (MOF) will release a $4b wage support from 28 May as part of the enhanced Jobs Support Scheme (JSS), an announcement revealed. This is expected to benefit over 140,000 employers. MOF stated that employers do not need to apply for the scheme as the cash grant will be automatically computed based on CPF contribution data as at 14 February. read more