The opposition party noted Prime Minister Lawrence Wong's announcements on housing, parental leave and unemployment payouts, while highlighting some of the similarities with WP's own proposals.
The opposition party noted Prime Minister Lawrence Wong's announcements on housing, parental leave and unemployment payouts, while highlighting some of the similarities with WP's own proposals.
He acknowledged that while major near-term changes would be difficult as the government continues to ramp up the supply of new flats to catch up with demand, the extension of priority access to all parents and their children - married or single - was a move that can be implemented soon. Other details of the scheme have yet to be released.
He also stressed any lowering of singles’ eligibility age for BTO flats would "not detract from marriage and family formation", citing data from past exercises that show they are not in competition with young couples and families for the same type of flats in non-mature estates. The new scheme gives lower- and middle-income workers who involuntarily lose their jobs temporary financial support of up to S$6,000 for over up to six months.Its proposal aims to ease the financial pressure on workers who are made redundant, to provide them with a longer runway to find suitable re-employment and to minimise the toll of unemployment on the health and well-being of their families.
The payout would be capped at S$1,200 per month with a minimum payout of S$500 a month to benefit low-wage workers. Payouts after the first one would be conditional on the worker actively seeking a new job or undergoing re-training.
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