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Eligibility criteria for member who was solely self‑employed person in relevant year

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

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—(1) A member who works only as a self‑employed person (and not as an employee) in a relevant year is an eligible member for that relevant year if the member satisfies every one of the following requirements that is not waived under regulation 10:(a)the member is a Singapore citizen —(i)on 31 December of the relevant year; and(ii)at the time the benefit for that relevant year is to be paid or credited to the member in accordance with regulation 12;(b)the member —(i)if the relevant year is 2017, 2018, 2019, 2020, 2021 or 2022 — attains 35 years of age on or before 31 December of the relevant year;(ii)if the relevant year is 2023 or 2024 — attains 30 years of age on or before 31 December of the relevant year; or(iii)is a specified member;(c)the member resides, on 31 December in the year immediately preceding the relevant year, in a property with an annual value that is not more than the amount specified for that relevant year in the First Schedule;(d)the member and the member’s spouse collectively do not own more than one immovable property as at 31 December in the year immediately preceding the relevant year;(e)the member has worked as a self‑employed person in at least one month in the relevant year;(f)if —(i)the relevant year is 2017, 2018, 2019, 2020, 2021 or 2022 — the member has declared the member’s self‑employment income for the relevant year in accordance with regulation 8(3); or(ii)the relevant year is 2023 or 2024 — the member has notified income for the relevant year in accordance with regulation 8(4);(g)if —(i)the relevant year is 2017, 2018 or 2019 — the member’s declared income for the relevant year is not more than $24,000;(ii)the relevant year is 2020, 2021 or 2022 — the member’s declared income for the relevant year is not more than $27,600; or(iii)the relevant year is 2023 or 2024 — the member’s notified income for the relevant year is not more than $30,000;(h)the member’s average monthly income earned during the relevant year is —(i)if the relevant year is 2017, 2018 or 2019 — not more than $2,000;(ii)if the relevant year is 2020, 2021 or 2022 — not more than $2,300; or(iii)if the relevant year is 2023 or 2024 — at least $500 and not more than $2,500;(i)the member pays every contribution that the member must pay in accordance with paragraph (3) —(i)under the Central Provident Fund (Self‑Employed Persons) Regulations 1992 for the relevant year 2017, 2018 or 2019 and each of the 2 years immediately preceding that relevant year; or(ii)under section 9A of the Act for the relevant year 2020, 2021, 2022, 2023 or 2024;(j)the member pays an additional contribution to the member’s medisave account —(i)for the relevant year 2017, 2018 or 2019 and each of the 2 years immediately preceding that relevant year; or(ii)for the relevant year 2020, 2021, 2022, 2023 or 2024,in accordance with —(iii)where the member’s declared income for the relevant year 2017, 2018, 2019, 2020, 2021 or 2022 is not more than $6,000 — paragraphs (4), (5) and (7);(iv)where the member’s notified income for the relevant year 2023 or 2024 is not more than $6,000 — paragraphs (4) and (6); or(v)where the member’s declared income for the relevant year 2017, 2018, 2019, 2020, 2021 or 2022, or notified income for the relevant year 2023 or 2024, is more than $6,000 — paragraphs (4) and (8);(k)the member’s spouse has an assessable income of not more than $70,000 for the purposes of a notice of assessment under the Income Tax Act 1947 for the year immediately preceding the relevant year.(2) For the purposes of paragraph (1)(h) and the Fourth, Seventh and Tenth Schedules, “average monthly income”, in relation to a member, means the amount determined in accordance with the formula where —(a)D is the member’s declared income or notified income (as the case may be) for the relevant year; and(b)M is the total number of months in the relevant year in which the member works as a self‑employed person.(3) For the purposes of paragraph (1)(i), the contribution for each year mentioned in that paragraph must be paid on or before 31 December of the second year after that year.(4) For each year mentioned in paragraph (1)(j), the additional contribution mentioned in that paragraph must be paid on or before 31 December of the second year after that year.(5) For the purposes of paragraph (1)(j)(iii), the additional contribution for each year is an amount equal to —(a)where the member is below 35 years of age on 1 January of that year — 4% of the member’s declared income for that year, subject to a minimum of $24;(b)where the member has attained 35 years of age but is below 45 years of age on 1 January of that year — 4.5% of the member’s declared income for that year, subject to a minimum of $27;(c)where the member has attained 45 years of age but is below 50 years of age on 1 January of that year — 5% of the member’s declared income for that year, subject to a minimum of $30; or(d)where the member is 50 years of age or older on 1 January of that year — 5.25% of the member’s declared income for that year, subject to a minimum of $31.(6) For the purposes of paragraph (1)(j)(iv), the additional contribution for each year is an amount equal to —(a)where the member is below 35 years of age on 1 January of that year — $240;(b)where the member has attained 35 years of age but is below 45 years of age on 1 January of that year — $270;(c)where the member has attained 45 years of age but is below 50 years of age on 1 January of that year — $300; or(d)where the member is 50 years of age or older on 1 January of that year — $315.(7) Despite paragraphs (4) and (5), where any of the 2 years immediately preceding the relevant year (called in this paragraph the preceding year) is 2015 or 2016, for the purposes of paragraph (1)(j)(i) and (iii), the additional contribution for that year is payable in accordance with regulation 4(2) and (3) of the Central Provident Fund (Workfare Income Supplement Scheme) Regulations 2007.(8) For the purposes of paragraph (1)(j)(v), the additional contribution payable for each relevant year is —(a)where A exceeds B — the amount determined in accordance with the formula A – B; or(b)where A does not exceed B — nil.(9) In paragraph (8) —(a)A is the amount that is applicable to the member as set out in the Second Schedule for the relevant year; and(b)B is the amount of the self‑employed contribution and estimated contribution (if any) required to be paid by or for the member for that relevant year.

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