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Value of benefits of employed eligible member for relevant month for applicable years 2023 and 2024

Central Provident Fund (Revised Workfare Income Supplement Scheme) Regulations 2016

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NINTH SCHEDULERegulations 5(4), 11(2)(c) and 13(2)(c)Value of benefits of employed eligible member for relevant month for applicable years 2023 and 2024Total monthly wages of employed eligible member for relevant monthAge of employed eligible member on 31 December of applicable yearAttained 30 years of age but below 35 years of age Attained 35 years of age but below 45 years of ageAttained 45 years of age but below 60 years of ageAttained 60 years of age or if a member is a specified member1.Less than $500 (if the Board has waived the requirement under regulation 5(1)(f)(iii) for the member)$50$75$120$1302.At least $500 but not more than $7001/8 times the member’s total monthly wagesThe difference between 643/3600 times the member’s total monthly wages and 1/18 of a dollarThe difference between 329/1200 times the member’s total monthly wages and 1/4 of a dollarThe sum of 31/112 times the member’s total monthly wages and 25/21 of a dollar3.More than $700 but not more than $1,2001/8 times the member’s total monthly wagesThe difference between 643/3600 times the member’s total monthly wages and 1/18 of a dollarThe sum of 1/6 times the member’s total monthly wages and $75The sum of 31/112 times the member’s total monthly wages and 25/21 of a dollar4.More than $1,200 but not more than $1,4001/8 times the member’s total monthly wagesThe difference between 643/3600 times the member’s total monthly wages and 1/18 of a dollarThe sum of 1/8 times the member’s total monthly wages and $125The sum of 1/12 times the member’s total monthly wages and 700/3 of a dollar5.More than $1,400 but not more than $2,000$175$250$300$3506.More than $2,000 but not more than $2,500The difference between 1225/2 of a dollar and 7/32 times the member’s total monthly wagesThe difference between $875 and 5/16 times the member’s total monthly wagesThe difference between $1050 and 3/8 times the member’s total monthly wagesThe difference between $1225 and 7/16 times the member’s total monthly wages

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