COS 2022: Clarifications on COMPASS and Low-wage Workers

Mr Gerald Giam Yean Song (Aljunied): Sir, I have clarifications on COMPASS and the low-wage workers. Will the shortage occupation list factor in both occupation and industry? For example, we may have a shortage of software developers in general, but not necessarily software developers in the financial services industry. And if such a distinction byContinue reading “COS 2022: Clarifications on COMPASS and Low-wage Workers”

COS 2022: Employment Pass Framework

Mr Pritam Singh (Aljunied): Thank you, Chairman. Just two questions. One really builds on the point that the Minister spoke about with regard to the support to build a strong Singapore Core, which is I think the substance of this initiative to review the EP qualifying criteria, exemplified by COMPASS. My question really picks off fromContinue reading “COS 2022: Employment Pass Framework”

COS 2022: Clarifications on Own Account Workers’ Welfare and Lifetime Retirement Investment Scheme

Mr Chua Kheng Wee Louis (Sengkang): Thank you, Chairman. I have just got two clarifications. The first is regarding the own account workers’ welfare cut that I filed on the gig economy workers. I just wanted to ask if efforts can be done to ensure that they at least earn a fair wage in terms ofContinue reading “COS 2022: Clarifications on Own Account Workers’ Welfare and Lifetime Retirement Investment Scheme”

COS 2022: Clarifications on COMPASS Framework

Assoc Prof Jamus Jerome Lim (Sengkang): Thank you Chairman. Two clarification questions about the COMPASS framework. The first has to do with the scoring which currently gives 20 points default to firms smaller than 25 PMETs and I understand the premise behind that. The concern here is, of course, that it creates potentially a cliffContinue reading “COS 2022: Clarifications on COMPASS Framework”

COS 2022: Medical Leave for Contract Workers

Mr Gerald Giam Yean Song: Over the years, the length of service an employee must serve before qualifying for paid sick leave has been reviewed in Parliament. In 2008, the minimum qualifying period was reduced from six to three months, with the entitlement adjusted on a pro-rated basis. This was in response to an increase inContinue reading “COS 2022: Medical Leave for Contract Workers”

COS 2022: Use of CPF Funds for Housing

Mr Gerald Giam Yean Song (Aljunied): Sir, many residents have approached me for help to appeal to CPF to allow more flexible use of their CPF for housing. Some elderly residents have insufficient cash to complete the purchase of their 2-room flexi flats because their CPF Ordinary Account (OA) monies are automatically transferred to the retirement accountContinue reading “COS 2022: Use of CPF Funds for Housing”

COS 2022: Own Account Workers Welfare and Protection

Mr Chua Kheng Wee Louis: There is an increase in gig economy workers in recent years but many are in a precarious position. This is something that the Government has taken note of. Prime Minister Lee had spoken in his National Day Rally last year on how most gig workers earn only a modest income and they lackContinue reading “COS 2022: Own Account Workers Welfare and Protection”

COS 2022: Flexible Work Arrangements (FWAs) and a Four-day Work Week

Mr Chua Kheng Wee Louis (Sengkang): Chairman, last year, I spoke in this house about the importance of flexible work arrangements and called upon the Government to lead the adoption of flexible work arrangements (FWAs). In the past two years, COVID-19 has drastically changed the way we work, but as we start to get back on track toContinue reading “COS 2022: Flexible Work Arrangements (FWAs) and a Four-day Work Week”

COS 2022: Enhancing CPF Returns

Mr Chua Kheng Wee Louis (Sengkang): Chairman, while CPF has maintained its interest rates at a point where it preserves purchasing power and guards against long-run inflation, the longer time horizons that retirement presents mean that expected increases in longevity and higher retirement income needs should give additional motivation to empower CPF members to enhance theirContinue reading “COS 2022: Enhancing CPF Returns”

COS 2022: Migrant Worker Retention and Productivity

Mr Leon Perera (Aljunied): Mr Chairman, Sir, there are economic benefits to retaining migrant workers in our economy who are familiar with Singapore and to increase their productivity, which would mean we need to employ fewer. Currently, a Work Permit holder can only transfer to a new job with employers’ consent. An exception is the Retention Scheme, whichContinue reading “COS 2022: Migrant Worker Retention and Productivity”