COS 2021: Seniors Go Digital

Ms Sylvia Lim (Aljunied): Seniors Go Digital was launched in May last year to help our seniors build digital capabilities. At the parliamentary debate last June, I stated my support for it, but was concerned about seniors who might not be able to make the digital leap. The Minister clarified that the idea was toContinue reading “COS 2021: Seniors Go Digital”

COS 2021: Work Injury Compensation Act for All Singaporean Workers

Mr Pritam Singh: Sir, Work Injury Compensation coverage has represented a form of worker protection that long predates even Singapore’s independence. It serves as a critical bulwark to protect workers against accidents, providing them important financial relief and some degree of protection in times of uncertainty and distress. Even so, the central role of platform workersContinue reading “COS 2021: Work Injury Compensation Act for All Singaporean Workers”

COS 2021: Progressive Wage Model for Lift and Escalator Sector

Mr Pritam Singh: Sir, the Progressive Wage Model for the lift and escalator sector was approved by the Government in 2018 after a tri-sector committee comprising of union representatives, the Government and lift companies made its recommendations. Arising from this agreement to raise the wages of Singaporeans and PRs in the lift and escalator sector,Continue reading “COS 2021: Progressive Wage Model for Lift and Escalator Sector”

COS 2021: Enhancing CPF Returns

Mr Chua Kheng Wee Louis (Sengkang): Chairman, CPF has been able to maintain its interest rates at 2.5% for Ordinary Accounts and 4% for Special MediSave and Retirement Accounts. The interest helps our CPF members to grow closer to their time and goals, which is to meet or exceed the minimum retirement sum. Now, even thoughContinue reading “COS 2021: Enhancing CPF Returns”

COS 2021: Flexible Work Arrangements

Mr Chua Kheng Wee Louis: In 2019, about 85% of employers offered some form of formal or ad-hoc flexible work arrangement in the workplace. However, flexible work arrangements come in a spectrum and, clearly, the level of flexibility that was in place pre-COVID-19 is dramatically different from what you have seen in 2020 and today, withContinue reading “COS 2021: Flexible Work Arrangements”

COS 2021: Childcare and Parental Care Leave

Mr Chua Kheng Wee Louis: Mr Chairman, while eligible working parents of Singapore citizen children are entitled to six days of paid childcare leave a year, this only applies to children below the age of seven. Parents whose youngest child is between seven and 12 are only eligible for two days of extended childcare leave aContinue reading “COS 2021: Childcare and Parental Care Leave”

COS 2021: Own-account Workers’ Welfare

Mr Chua Kheng Wee Louis: Mr Chairman, based on the MOM’s latest 2020 labour statistics, own-account workers, defined as persons who operate their own business or trade without employing any workers – this includes taxi drivers, property agents, tour guides, freelance artists – account for 9.7% of the total workforce, or 228,000 workers, up from 8.8% inContinue reading “COS 2021: Own-account Workers’ Welfare”

COS 2021: Work Passes for Foreigners

Mr Leon Perera (Aljunied): Mr Chairman, in October 2020, I called for a mix of fixed-term and non-fixed term work passes for foreigners, to attract investments in next-generation industries and stave off job displacements. Such a mix could be offered to investors for specific projects, especially in highly desirable future-ready industries where Singapore has competitiveContinue reading “COS 2021: Work Passes for Foreigners”

COS 2021: Job Advertisements for Migrant Workers

Mr Leon Perera: Mr Chairman, migrant workers currently pay hefty agency fees to secure a job in Singapore. In 2019 migrant worker NGO TWC2 found that, for the first-timers, the average agency fee paid, especially for Bangladeshi workers, was $7,606 and the median was $7,750. For repeat workers, the average was $4,733 and the medianContinue reading “COS 2021: Job Advertisements for Migrant Workers”

COS 2021: Calibrating Incentives to MNCs and SMEs

Mr Leon Perera (Aljunied): Mr Chairman, Singapore provides amongst other things tax incentives for MNCs to set up regional headquarters and other investments because they contribute towards our economy. SMEs, which are the backbone of our economy, making up 72% of employment and 44% of added nominal value in 2019, also received support. But theContinue reading “COS 2021: Calibrating Incentives to MNCs and SMEs”