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Value of ‘A’ in regulation 13(2) for relevant year 2020, 2021 or 2022

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

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EIGHTH SCHEDULERegulations 7A(3) and 13(2)(a)(ii)Value of ‘A’ in regulation 13(2) for relevant year 2020, 2021 or 2022Average monthly income of dual status eligible member in relevant yearAge of dual status eligible member on 31 December of relevant yearAttained 35 years of age but below 45 years of age (if the member is not a specified member), or below 45 years of age (if the member is a specified member)Attained 45 years of age but below 55 years of ageAttained 55 years of age but below 60 years of ageAttained 60 years of age1.Not more than $700The difference between 1393/7800 times the member’s average monthly income and 1/78 of a dollar, or 107/12 dollars, whichever is more1/4 times the member’s average monthly income, or 25/2 dollars, whichever is moreThe difference between 2137/7800 times the member’s average monthly income and 3/26 of a dollar, or 163/12 dollars, whichever is moreThe sum of 191/690 times the member’s average monthly income and 80/69 of a dollar, or $15, whichever is more2.More than $700 but not more than $1,200The sum of 1/30 times the member’s average monthly income and 305/3 of a dollarThe sum of 1/15 times the member’s average monthly income and 385/3 of a dollarThe sum of 1/6 times the member’s average monthly income and $75The sum of 191/690 times the member’s average monthly income and 80/69 of a dollar3.More than $1,200 but not more than $1,500425/3 dollars625/3 dollars$2751000/3 dollars4.More than $1,500 but not more than $2,300The difference between 9775/24 of a dollar and 17/96 times the member’s average monthly incomeThe difference between 14375/24 of a dollar and 25/96 times the member’s average monthly incomeThe difference between 6325/8 of a dollar and 11/32 times the member’s average monthly incomeThe difference between 2875/3 of a dollar and 5/12 times the member’s average monthly income

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