What are the ComLink+ Progress Packages?
The ComLink+ Progress Packages provide financial top-ups to recognise and supplement the efforts of ComLink+ families that work with family coaches to co-develop their action plans and take active steps towards their longer-term goals.
The ComLink+ Packages will be trialled for three years and will focus on ComLink+ families’ key needs and aspirations in four areas:
Preschool education,
Stable employment,
Debt clearance, and
Home ownership.
Families will need to fulfil specific actions for each package, in order to receive the corresponding financial top-ups. The actions and top-ups in each package are as follows:
S/N | Package | Action that family must take | Financial top-ups that family will receive |
|---|---|---|---|
1. | ComLink+ Package for Preschool | Ensure child is enrolled in preschool in the year he/she turns 3 | One-off $500 top-up to child’s CDA |
Ensure child attends preschool regularly from ages 3-6 | $200 top-up to child’s CDA for every quarter of good attendance (≥75% attendance) | ||
2. | ComLink+ Package for Employment | Secure and/or sustain CPF-paying job that pays ≥ $1,600 per month | Up to two working adults will receive a combination of cash and CPF payouts (of between $450 and $550) for every three consecutive months of CPF-paying employment. If two adults are working, each will receive $50 more per quarter
Subject to total payout limit of $30,000 across ComLink+ Packages for Employment and Home Ownership |
3. | ComLink+ Package for Debt Clearance | Repay debts owed to licensed companies | 1:1 matched debt repayment – for every $1 that family repays to creditors, donors will pay $1 directly to creditors. Repayments will be matched up to a limit of $5,000 in total debt repaid (i.e. donor-matched repayments of up to $2,500)
Families can only benefit once from this package |
4. | ComLink+ Package for Home Ownership | Make voluntary contributions to CPF | 2:1 matched CPF contribution – for every $1 of voluntary contributions made to family member’s CPF account, $2 top-up will be made to the same family member’s CPF-Ordinary Account
Subject to total payout limit of $30,000 across employment and savings packages |
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