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Tag: Singapore WIS 2025

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Singapore WIS 2025: Enhancing Support for Platform Workers

February 28, 2025 ReByte Talk CPF, Finance

Singapore WIS 2025 marks a transformative step for the gig economy, particularly benefiting platform workers such as ride-hailing drivers and food delivery riders.As these workers face unique challenges like irregular income and limited job security, the enhanced Workfare Income Supplement (WIS) program aims to provide crucial financial support.

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Workfare Income Supplement: Benefits for Singapore’s SEPs

January 24, 2025 ReByte Talk CPF, Finance

The Workfare Income Supplement (WIS) program in Singapore is a vital initiative aimed at bolstering financial security for lower-income workers and self-employed persons (SEPs).Launched in 2007, this scheme has provided over S$10.5 billion in support, benefiting more than 1 million individuals as of early 2024.

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