New Round of SkillsFuture Funding for Adult Singaporeans amid Rapidly Evolving Job Market Requirements

42 Ms Joan Pereira asked the Minister for Education in view of the rapidly evolving job market requiring continual updating of skills, whether the Ministry would consider providing all adult Singaporeans with a new round of SkillsFuture funding or subsidies.

Mr Desmond Lee: SkillsFuture Singapore provides generous course fee subsidies of up to 90% to support the training needs of Singaporeans. In 2024, we introduced the SkillsFuture Level-Up Programme to further enhance support for Singaporeans aged 40 and above, who face a higher risk of skills obsolescence, in pursuing a substantive skills reboot. Government will continually review how to better support Singaporeans in their skills upgrading, but there are no immediate plans to provide another round of SkillsFuture funding or subsidies.