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Eligible staff hit by newest measures rise up to S$700 payout



Final Friday (Could 28), the Ministry of Finance introduced that lower- to middle-income staff in addition to self-employed who’re financially impacted by the newest Covid-19 restrictions could obtain a one-time payout of as much as S$700 underneath a brand new non permanent grant.

Underneath the Covid-19 Restoration Grant (Short-term) (CRG-T), eligible staff positioned on involuntary no-pay go away for at the least a month from Could 16 to June 30 could obtain a one-off payout of as much as $700.

In the meantime, those that have suffered an revenue lack of at the least 50 per cent for at the least a month over the identical interval could obtain a one-off payout of as much as $500.

In keeping with MOF, the grant is a part of an S$800 million help package deal that’s being rolled out to assist people and companies amid the Section 2 Heightened Alert Interval. It’s being launched because the livelihoods of some staff within the meals and beverage, retail, and sports activities and health sectors have been affected.

CRG-T can also be a complement to the present Covid-19 Restoration Grant (CRG), which was launched on January 18 to help lower- to middle-income staff and self-employed folks affected by the pandemic.

The CRG, which was prolonged by three months in March, offers as much as S$700 monthly for 3 months for staff who’ve misplaced jobs or have been positioned on involuntary no-pay go away as a result of Covid-19.

Who’s eligible for CRG-T?

Purposes for CRG-T will likely be open from June 3 to July 2.

The Ministry of Social and Household Growth (MSF) mentioned in a press release at present that the eligibility standards for the CRG-T are much like these of the CRG, with two key variations.

First, CRG-T candidates should have revenue lack of at the least 50 per cent for one month or be positioned on involuntary no-pay go away for at the least a month between Could 16 and June 30. This compares with a mean revenue lack of at the least 50 per cent or involuntary no-pay go away for at the least three consecutive months for CRG candidates.

Second, CRG-T candidates wouldn’t have to point out proof of job search or coaching, not like CRG candidates.

MSF mentioned people can not obtain each the CRG and CRG-T concurrently, as CRG-T is supposed for many who should not receiving help in June 2021.

Likewise, people who’re at present receiving help from different Covid-19 help schemes, such because the Covid-19 Driver Reduction Fund, should not eligible for the CRG-T.

Minister for Social and Household Growth Masagos Zulkifli mentioned in a Fb publish that “after one’s CRG-T help ends, CRG-T recipients may nonetheless qualify for CRG help in the event that they proceed to require assist and meet the eligibility standards.” 

Purposes for CRG stay open till December 31. 

Extra particulars can be found right here. The CRG-T utility portal will open at 9am this Thursday and shut at 11.59pm on July 2.

Featured Picture Credit score: NTUC Revenue





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