Singapore: Extension of Levy, Covid-19 Updates, and Later Retirement Age

January 25, 2022
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Extension of Levy Rebates and Waivers for Businesses

The SG$250 Foreign Worker Levy (FWL) rebate for Work Permit Holders in the Construction, Marine Shipyard and Process (CMP) sectors will be extended. The waiver of FWL for all foreign workers, including migrant domestic workers, will also be extended during their entry Stay-Home Notice and residential onboarding program at the Migrant Worker Onboarding Centres.

Ceased Entry of Construction, Marine Shipyard and Process Workers and Other Dormitory Bound Workers via Vaccinated Travel Lanes

Employers of Construction, Marine Shipyard and Process (CMP) S Pass and work permit holders and other dormitory-bound work pass holders will not be allowed to make new applications to enter Singapore via Vaccinated Travel Lanes.

Covid-19 Recovery Grant Extended Till 31 December 2022

Application for the Covid-19 Recovery Grant is extended until 31 December 2022 to provide continued support for workers financially impacted by the pandemic. Eligible applicants can receive up to 3 tranches of support from the grant.

Retirement and Re-Employment Age Set to be Raised

The retirement age is expected to increase to 63 and the re-employment age to 68 in July. A progressive increase of the retirement age and re-employment age to 65 and 70 years old respectively is expected by 2030.

Covid-19 Vaccination to Be a Condition for Long-Term Passes, Work Passes, and Permanent Residence From 1 February 2022

From 1 February 2022, Covid-19 vaccinations will be a condition for the approval of new long-term passes, work passes, and permanent residence. Renewal of existing work passes will also require vaccination.

Source: Links International

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