Why will the Workfare Income Supplement for platform workers be aligned with that of employees only in 2029, when their increased CPF contributions were implemented in 2025?

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Accepted Answer

CPF contributions rates for platform workers will gradually increase from 2025 to 2028, and will fully align with those of employees in 2029. Correspondingly, the Workfare Income Supplement will be aligned with employee rates only from 2029, for platform workers who are mandated or have opted in to the increased CPF contributions.

During this period, the Platform Workers CPF Transition Support (PCTS) will provide monthly cash payments to support lower-income platform workers who make increased CPF contributions. The PCTS will fully cover the increase in CPF contributions in 2025 and will gradually taper off before ending in 2029.

Why will the Workfare Income Supplement for platform workers be aligned with that of employees only in 2029, when their increased CPF contributions were implemented in 2025?

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