Citizens Earning Less Than $1,300 and $2,000 Per Month from Full-time Work
Ministry of ManpowerSpeakers
Transcript
30 Assoc Prof Daniel Goh Pei Siong asked the Minister for Manpower in 2018, how many Singapore citizens earned less than $1,300 per month from full-time work and how many earned less than $2,000 per month from full-time work.
Mrs Josephine Teo: Wages have grown at all levels in recent years. In the past 5 years, real wages at the 20th percentile grew 4.2% per annum, more than at the median. As a result, the proportion of full-time employed Singapore Residents earning less than $1,300 in gross monthly income from work1 (including employer CPF contributions) has fallen to about 5%; the number of such residents has also declined by about 40% to 97,000. About 15% earned less than $2,000; the numbers declined by about 30% over five years to 282,000.
To support lower-wage workers, the Government will continue to top up their salaries and CPF savings through the Workfare Income Supplement (WIS) Scheme. WIS benefits more than 400,000 workers each year, boosting their annual incomes by up to 30%. Total payouts in 2017 amounted to $650 million. Most Workfare recipients also receive other forms of Government support such as GST Vouchers, U-Save rebates and Community Health Assistance Scheme (CHAS).