With the revision of Annual Values (AVs) of properties from January 1, the AV criterion for low-wage workers to qualify for the Workfare Income Supplement Scheme (WIS) has been adjusted.
For work done in 2009, the AV of the recipient's property at the end of 2008 must not be more than S$11,000. The Ministry of Manpower said the increase in this AV criterion will help older low-wage workers who may be affected by the rise in their property values.
But to qualify for WIS for work done in 2007 and 2008, there is no change to the AV criterion. The recipient must live in a property with AV of not more than S$10,000 at the end of 2006 and 2007 respectively.
For more information, log on to www.wis.sg. Queries can also be addressed to the CPF Board at 1800-2222-888. - CNA/ac
No comments:
Post a Comment