Self-Help groups providing aid to needy families will get a $6 mil. grant over the next 2-years
Post Secondary Top- Up
$250 - 500 for Singaporeans aged 17-20 this year
Career Guidance
SkillsFuture Programme
Earn & Learn Scheme
Workers
Higher CPF Salary Ceiling
From $5000-6000 starting next year
One-off personal income tax rebate
Taxpayers will receive rebate of 50% (capped at $1000) for income earned in 2014
SkillsFuture Credit
$500 credit to learn
Sum topped up by the government
Only for Singaporeans aged 25+
Education and Training Subsidies Raised
Raised to at least 90%
For Singaporeans 40+
Must be taking courses funded by MOE or Workforce Development Agency
Study Award and Fellowships
2,000 awards will be given out annually for individuals to build skills in growing industries
100 fellowships annually for those who want to develop their skills to an even higher level
Leadership Development Initiative
Seniors
Silver Support Scheme
Bottom 20 per cent of Singaporeans aged 65 and above to get payouts of between $300 and $750
every three months, starting from around first quarter next year
One-off Senior's Bonus
Higher CPF Contributions
From Jan 1, rates for workers aged 50 to 55 will increase by 2 percentage points to match the level of
those younger than them