Can I pay the Employment Assistance Payment (EAP) in instalments?
The Tripartite Guidelines on Re-employment of Older Employees encourage employers to make a one-off Employment Assistance Payment (EAP) to eligible employees.
However, if it is mutually agreed between employer and employee, employers can pay the EAP in instalments, e.g. over a 3-month period.
This information is sourced from MOM
Related questions
If I'm not eligible for re-employment, can I still get Employment Assistance Payment (EAP)?
If I reject my employer's re-employment offer, am I eligible for Employment Assistance Payment (EAP)?
Are my employees who are aged 63 or above eligible for retrenchment benefit or Employment Assistance Payment (EAP)?
Is the Employment Assistance Payment (EAP) taxable or subject to CPF contributions?
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