In 2025, the Singaporean government continues its support for self-employed individuals through the Workfare Income Supplement (WIS) scheme. This initiative is designed to support lower-income workers by offering a maximum of $2,800 annually—split into 10% direct cash aid and 90% MediSave contributions. It helps ease day-to-day financial pressures while building up savings for healthcare and retirement.
The WIS scheme targets freelancers, gig workers, small business owners, and others who lack employer-backed benefits. It ensures that these individuals not only receive immediate help but also contribute to long-term savings, which is vital in a fast-aging society.
With higher payouts available for those aged 45 and above, the program aims to address rising living and medical costs. It’s part of a broader strategy to promote inclusive financial security in Singapore.
Eligibility Criteria
To qualify for the WIS payout in 2025, self-employed individuals must meet the following:
- Be a Singapore citizen.
- Be aged 30 or older by December 31, 2025.
- Earn a net trade income between $500 and $3,000 monthly.
- Make MediSave contributions for the 2024 work year.
- Own property valued below $21,000 annually.
- If married, the spouse’s income must not exceed $70,000 per year.
These criteria ensure the support goes to those truly in need while encouraging responsible saving behavior.
Application Process
To apply and qualify for the 2025 WIS payment, follow these steps:
- Declare net trade income to IRAS between March and April 2025.
- Complete MediSave contributions for 2024 by December 31, 2025.
- Update or register bank account details with the CPF Board for payment.
These steps ensure accurate processing and prevent delays in receiving benefits.
Payment Disbursement
Payments are distributed once a year based on the following schedule:
- March–April 2025: Income declarations due.
- By December 31, 2025: Last day for MediSave contributions.
- April 2026: Payouts are disbursed.
The cash portion (10%) is sent via PayNow or GovCash, while the MediSave portion (90%) is credited directly to the recipient’s MediSave account.
Benefits of the WIS Scheme
- Immediate Support: Helps with essential daily expenses through cash payouts.
- Long-Term Security: Supports retirement and healthcare planning via MediSave.
- Age-Based Payouts: Older workers get more to support higher living and medical needs.
- Financial Stability: Reduces income gaps for self-employed individuals without formal employment benefits.
Support for Overseas Citizens
Self-employed Singaporeans living abroad can still benefit if they meet all eligibility criteria, including timely income declarations and MediSave contributions. However, those not contributing to MediSave due to being overseas may become ineligible unless special arrangements are made.
Limitations and Common Pitfalls
- Late Income Declarations = Delayed Payments
- Missed MediSave Contributions = Disqualification
- Incorrect Bank Info = Failed Cash Transfers
To avoid these, applicants should:
- Declare income early.
- Contribute to MediSave on time.
- Keep bank records updated with CPF.
Contact and Support
If you need help with the WIS scheme:
- CPF Board Contact: www.cpf.gov.sg
- Workfare Hotline: 1800-222-6622 (Mon–Fri, 8 AM–5:30 PM)
- IRAS for Income Declaration: www.iras.gov.sg
Assistance is available through the CPF and IRAS websites or their customer service hotlines.