The Workfare Income Supplement (WIS) program is undergoing significant reforms to better support Singapore’s platform workers. These workers, who provide services via digital platforms such as ride-sharing, delivery, or freelancing apps, often face financial instability due to irregular income and limited benefits.
Starting in 2025, WIS payments for platform workers will shift from annual to monthly disbursements, accompanied by mandatory Central Provident Fund (CPF) contributions by platform operators. These changes aim to enhance financial security and align platform workers’ benefits with those of traditional employees.
Singapore $3267 Workfare Income Supplement 2025
| Details | Information |
|---|---|
| Program Name | Workfare Income Supplement (WIS) |
| Implementation Year | 2025 |
| Key Changes | Monthly WIS payments, mandatory CPF contributions |
| Eligibility Criteria | Age, income, citizenship, and property ownership requirements |
| Official Website | www.cpf.gov.sg |
Understanding Platform Workers
Platform workers are individuals who provide services through digital platforms on a contractual basis. They are typically not classified as traditional employees, resulting in limited access to employee benefits like CPF contributions or structured financial support. With over 200,000 platform workers in Singapore, they represent a significant portion of the workforce contributing to industries such as transportation, logistics, and freelancing.
Key Changes to WIS for Platform Workers in 2025
From 2025, eligible platform workers will benefit from several enhancements to the WIS program:
Monthly Payments
WIS payments will be disbursed monthly instead of annually, providing consistent financial support.
CPF Contributions
Platform operators will be required to deduct monthly CPF contributions for platform workers, aligning their benefits with those of regular employees.
Parity in Contributions (From 2029)
By 2029, platform workers contributing the same CPF rates as traditional employees will receive equivalent WIS benefits, further closing the gap between the two groups.
Eligibility Criteria for WIS
To qualify for WIS as a platform worker, individuals must meet the following requirements:
| Criteria | Requirement |
|---|---|
| Citizenship | Must be a Singapore Citizen. |
| Age | At least 30 years old by the end of the work year, or any age if the individual has disabilities. |
| Income | Gross monthly income between $500 and $3,000 for the past 12 months. |
| Property Ownership | Live in a property with an annual value of $21,000 or below (Work Year 2024). |
| Property Ownership (Married) | Own no more than one property, and combined spousal income must not exceed $70,000. |
Additional Considerations
- Persons with disabilities or caregivers may qualify for WIS even if their income is below $500.
- Property valuation refers to the estimated rent if the property were leased out, excluding furniture and maintenance costs.
How Much WIS Can Platform Workers Receive?
The maximum annual WIS amount depends on the worker’s age.
| Age Group | Maximum WIS Per Year |
|---|---|
| 30–34 | $1,633 |
| 35–44 | $2,333 |
| 45–59 | $2,800 |
| 60 and above | $3,267 |
For persons with disabilities, the maximum WIS is equivalent to the highest tier of $3,267.
How WIS Payments Are Allocated
WIS payments are divided into two components to ensure long-term financial security and immediate cash access:
- 10% Cash: Credited to the worker’s PayNow NRIC-linked bank account or, if unavailable, via registered bank account or GovCash.
- 90% MediSave: Deposited into the worker’s MediSave account to assist with healthcare-related expenses.
WIS Payment Schedule
Starting in March 2025, platform workers will receive monthly WIS payments for the work done two months prior.
| Month Worked | Payment Received By | Via PayNow/Bank | Via GovCash |
|---|---|---|---|
| January | End of March | 1st Week of April | 1st Week of April |
| February | End of April | 1st Week of May | 1st Week of May |
| March | End of May | 1st Week of June | 1st Week of June |
For work completed before 2025, platform workers will receive payments based on the Self-Employed Persons (SEPs) rules.
Actions for Platform Workers
- No Action Needed: WIS eligibility will be automatically assessed by the CPF Board based on declared income from platform operators.
- Clarify CPF Contributions: If your platform operator is not deducting CPF contributions, address the issue directly with them or report it to the CPF Board.
Benefits of Monthly WIS Payments
- Regular Financial Support: Monthly payments help platform workers manage their finances more effectively.
- Increased Financial Security: CPF contributions provide long-term benefits, including savings for housing, healthcare, and retirement.
- Parity with Traditional Employees: Enhanced benefits align platform workers more closely with regular employees.
- Support for Healthcare: The MediSave component ensures funds are available for future medical needs.
FAQs
What is the Workfare Income Supplement (WIS)?
The WIS program provides financial support to lower-income workers, including platform workers, to enhance their financial security and encourage CPF contributions.
Who qualifies for WIS as a platform worker?
Singapore citizens aged 30 or older (or individuals with disabilities) with gross monthly incomes between $500 and $3,000 may qualify, subject to property and income conditions.
When will monthly WIS payments start?
Monthly payments for platform workers will begin in March 2025.
How is WIS paid?
WIS is distributed as 10% cash (via PayNow, bank, or GovCash) and 90% MediSave for healthcare savings.
What should I do if my platform operator doesn’t contribute to CPF?
Contact the operator directly. If unresolved, report the issue to the CPF Board.
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Abhishek is a passionate technology and business enthusiast. I constantly explore the intersection where innovation meets entrepreneurship. With a keen eye for emerging trends and a deep understanding of market dynamics, I provide insightful analysis and commentary on the latest advancements shaping the tech industry.