Wage Credit Scheme Payouts for 2020

Employers should make CPF contributions for employees by 14 January 2020 to receive Wage Credit Scheme payouts;

Digital payment modes for speedier payouts – Employers will receive Wage Credit Scheme payouts through PayNow Corporate or GIRO.

Employers who have not already done so are advised to set up a PayNow Corporate account or register for GIRO early.