With the rapid growth of the gig economy, workers engaged through digital platforms, such as ride-sharing and freelancing apps, have become an essential part of Singapore’s workforce.
Over 200,000 platform workers are driving innovation and growth across various industries. However, many face challenges like inconsistent income, limited benefits, and a lack of Central Provident Fund (CPF) contributions.
To address these issues, the Singapore government has announced significant reforms under the revamped Workfare Income Supplement (WIS) program. Starting in 2025, WIS payments will transition from annual to monthly disbursements, along with mandatory CPF contributions managed by platform operators.
Who Are Platform Workers?
A platform worker is an individual providing services or completing tasks via digital platforms, such as ride-hailing, food delivery, or freelance marketplaces. Unlike traditional employees, platform workers operate on a contractual basis and are not formally employed by the platforms.
Game-Changing Updates to Workfare Income Supplement (WIS) for 2025
Consistent Monthly Payments for Financial Stability
From 2025, platform workers eligible for WIS will receive monthly payments, ensuring a steadier source of income compared to the previous annual disbursement model.
Introduction of CPF Contributions
Platform operators will be required to deduct CPF contributions every month. By 2029, platform workers who voluntarily or mandatorily contribute more to CPF will enjoy the same WIS benefits as traditional employees.
Are You Eligible for WIS? Key Criteria Explained
To qualify for the revamped WIS program, platform workers must meet these requirements:
| Criteria | Requirement |
|---|---|
| Citizenship | Must be a Singapore Citizen. |
| Age | Minimum age of 30 by the end of the work year (no age limit for persons with disabilities). |
| Income | Gross monthly income between $500 and $3,000 for the past 12 months. |
| Property Ownership | Must reside in a property with an annual value not exceeding $21,000. |
| Marital Property Ownership | Married individuals must own no more than one property, with combined spousal income not exceeding $70,000. |
Maximum WIS Payments by Age Group (2025 Onwards)
Here’s how WIS payouts are structured to support platform workers at various stages of life:
| Age Group | Maximum WIS per Year |
|---|---|
| 30 – 34 | $1,633 |
| 35 – 44 | $2,333 |
| 45 – 59 | $2,800 |
| 60 and above | $3,267 |
For persons with disabilities, the payout aligns with the highest age group.
How Are WIS Payments Allocated?
To balance short-term financial needs with long-term security, WIS payments are distributed as follows:
- 10% in Cash: Deposited directly into the worker’s PayNow NRIC-linked bank account or an alternative registered account.
- 90% in MediSave: Credited to the worker’s MediSave account to support future healthcare expenses.
When Can Platform Workers Expect Payments?
Starting March 2025, payments will follow this schedule:
| Month Worked | Payment Received By | Via PayNow/Bank | Via GovCash |
|---|---|---|---|
| January | End of March | 1st Week of April | 1st Week of April |
| February | End of April | 1st Week of May | 1st Week of May |
| March | End of May | 1st Week of June | 1st Week of June |
| Month X | End of Month X+2 | 1st Week of Month X+3 | 1st Week of Month X+3 |
What Platform Workers Need to Know and Do
Automatic Assessment of Eligibility
Platform workers do not need to apply for WIS. The CPF Board will automatically assess eligibility based on income data provided by platform operators.
Ensure CPF Contributions Are Deducted
If your platform operator does not deduct CPF contributions, raise the issue with them or report it to the CPF Board.
The revamped Workfare Income Supplement (WIS) program is a significant step toward financial stability for platform workers.
By ensuring regular payments and introducing CPF contributions, the government is paving the way for a more secure and equitable future for Singapore’s gig economy workforce.
FAQs
1. What’s the biggest benefit of monthly WIS payments?
Monthly payments offer consistent financial support, helping workers manage their expenses more effectively.
2. Are CPF contributions mandatory for all platform workers?
Yes, CPF contributions will be mandatory, ensuring platform workers receive similar benefits to traditional employees.
3. Can married platform workers qualify for WIS?
Yes, as long as they meet the property ownership and income criteria.
4. How much of WIS is paid in cash?
10% of the payment is given in cash, while 90% goes into the worker’s MediSave account.
5. Do persons with disabilities receive special benefits under WIS?
Yes, persons with disabilities qualify for the highest payout rate, regardless of age.
