Why is my Workfare Income Supplement so low even though I am earning close to the qualifying wage cap?
The Workfare Income Supplement (WIS) benefits are designed to gradually reduce as a worker's income approaches the qualifying wage cap. The gradual reduction ensures that workers who increase their income through skills upgrades or better paying jobs do not experience a sudden drop in benefits. Taken together, as income rises, both the income and WIS benefits will increase.
This information is sourced from CPF
Related questions
What is the Workfare Income Supplement scheme?
Why are overtime pay and bonuses included in Workfare Income Supplement assessment?
Why is there a need for the government to recover the excess Workfare Income Supplement paid to workers?
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