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MOF Singapore

Logo of telegram channel mofspore — MOF Singapore M
Logo of telegram channel mofspore — MOF Singapore
Channel address: @mofspore
Categories: Uncategorized
Language: English
Subscribers: 11.13K
Description from channel

To create a better Singapore through Finance

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The latest Messages

2023-06-12 13:48:28
In the coming months, Singaporeans can expect to receive a range of financial assistance. These are part of the Government's ongoing efforts to help Singaporeans cope with the rising cost of living.

Check out the infographic above to find out how much you can expect to receive in the coming months.
2.6K views10:48
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2023-06-09 05:24:07
Our Pioneer and Merdeka Generation seniors will be receiving MediSave top-ups amounting to about $254 million in July 2023.

Eligible Pioneers may receive up to $900 in MediSave top-up, while eligible Merdeka Generation seniors will receive up to $200.

This top-up in July is one of the ways we ensure our seniors are taken care of and are provided with greater assurance with healthcare costs in their silver years.

Find out more here https://go.gov.sg/medisavejuly2023
2.3K views02:24
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2023-06-06 15:18:12
How do we benefit from our reserves?

The ability to tap on our reserves in a sustainable manner is a significant financial advantage for us.

It allows us to meet our spending needs while keeping tax rates low.

The investment returns from our reserves also provide additional resources for Government spending - this includes things we benefit from, such as education, healthcare, R&D and more!

Read to learn more
1.6K views12:18
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2023-05-22 09:18:14
#ICYMI: We announced at #SGBudget2023 that Singaporean households will receive support to cope with the increase in daily expenses from higher inflation and the GST increase.

Check out the calendar above to find out what you can expect to receive in 2023!
6.0K views06:18
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2023-05-18 12:36:09
About 2.5 million Singaporeans will receive the 2023 Cost-of-Living Special Payment in June.

Link your NRIC to PayNow by 23 May to receive payments as soon as 7 June!

Check your eligibility or find out more at: go.gov.sg/assurancepackage
6.1K views09:36
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2023-05-16 06:19:53
#ICYMI: We announced at #SGBudget2023 this year that Singaporean households can expect to receive up to $400 in cash under the COL Special Payment in June.

Seniors will also receive up to $300 in cash under the COL Seniors’ Bonus.

Check out the infographic above to find out what you can expect to receive in the coming months.
5.4K views03:19
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2023-05-11 07:00:38
About 2.5 million Singaporeans will receive up to $400 under the COL Special Payment in June!

With the COL Seniors' Bonus of up to $300, eligible seniors may receive up to $700 next month.

Details are in the infographics above.

Check what you may be eligible for at go.gov.sg/assurancepackage
2.3K views04:00
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2023-05-08 14:01:03
You ask, we answer!

A question we commonly get is on how the Progressive Wage Model (PWM) supports lower-wage workers.

Since its implementation, the PWM has helped to raise wages by mapping clear pathways for wage increases and providing opportunities for training.

To further strengthen support for employers, we have also enhanced the Progressive Wage Credit Scheme co-funding support in #SGBudget2023!

Find out more
3.1K views11:01
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2023-05-05 17:53:46
You ask, we answer!

At #SGBudget2023, we announced that CPF contribution rates of Platform Workers (including delivery riders and private hire car drivers) and Companies will be aligned with those of employees and employers over a period of five years.

These changes will help our Platform Workers raise their total earnings and strengthen their housing and retirement adequacy.

Slide left to learn more!
4.5K views14:53
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2023-04-25 13:36:16
The Merdeka Generation (MG) seniors played a key role to shape today’s Singapore.

In their silver years, we need to make sure that MG seniors are taken care of, and have the support they need to stay active and healthy.

Here's an overview of the various support measures that our MG seniors are eligible for
2.1K views10:36
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