Why is the salary threshold for compulsory WIC insurance coverage for non-manual employees increased to $2,600?
The salary threshold of $2,600 (with effect from 1 April 2021) is aligned with the new salary threshold for non-workmen under Part IV of the Employment Act. This provides assurance to the employees most at risk of financial hardship if their employers are unable to compensate.
This information is sourced from MOM
Need more help?
Get in touch