140,000 employers to get S$4b in Jobs Support Scheme payouts from July 29

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[SINGAPORE] Over S$4 billion under the Jobs Support Scheme (JSS) will be paid out to 140,000 employers from July 29 to help them retain their workers. Read more at The Business Times.

Sectors more badly hit by the pandemic, such as the aviation and tourism sectors, will get more support under the scheme.

Part of this support has already been given as an advance that month"to provide immediate cash flow support", said the authorities. Employers should make sure that mandatory Central Provident Fund contributions made for their employees are accurate, so that they receive the right amounts of JSS payout, added Iras and MOF.Pek Lian Guan, chief executive of construction firm Tiong Seng Holdings, said the scheme has been critical to keeping its workers.

 

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