Comparison View

Formal Consolidation |  Amended S 889/2019
Eligibility criteria for member who was employee in relevant month
5.—(1)  A member who works as an employee in a relevant month in an applicable year is an eligible member for that relevant month if the member satisfies every one of the following requirements that is not waived under regulation 10:
(a)the member is a Singapore citizen —
(i)on the last day of the relevant month; and
(ii)at the time the benefit for that relevant month is to be paid or credited to the member in accordance with regulation 11;
(b)the member —
(i)attains the age of 35 years on or before 31 December of the applicable year; or
(ii)is a specified member;
(c)the member resides, on 31 December in the year immediately preceding the applicable year, in a property with an annual value that is not more than the amount specified for that applicable year in the First Schedule;
(d)the member and the member’s spouse collectively do not own more than one immovable property as at 31 December in the year immediately preceding the applicable year;
(e)the member’s average monthly income earned in the relevant period is —
(i)if the applicable year is 2017, 2018 or 2019 — not more than $2,000; or
(ii)if the applicable year is 2020 or any subsequent year — not more than $2,300;
[S 889/2019 wef 01/01/2020]
(f)the member’s total monthly wages received for the relevant month from the member’s employer (or all of the member’s employers if the member has more than one employer) is —
(i)if the applicable year is 2017, 2018 or 2019 — not more than $2,000; or
(ii)if the applicable year is 2020 or any subsequent year — not more than $2,300;
[S 889/2019 wef 01/01/2020]
(g)where the member’s monthly wage for the relevant month from any employer is $50 or less, the member has paid, or received from that employer, an additional contribution to the member’s ordinary account, special account or medisave account, as the Minister may direct, in accordance with paragraph (4);
(h)the member’s spouse has an assessable income of not more than $70,000 for the purposes of a notice of assessment under the Income Tax Act (Cap. 134) for the year immediately preceding the applicable year.
(2)  In paragraph (1)(e), “average monthly income”, in relation to a member, means the amount determined in accordance with the formula , where —
(a)W is the member’s total monthly wages received in the relevant period from the member’s employer (or all of the member’s employers if the member has more than one employer);
(b)D —
(i)is the member’s declared income in the calendar year preceding the applicable year (called in this paragraph the preceding year), divided by the number of months in the preceding year in which the member worked as a self‑employed person; and
(ii)is deemed to be zero if the member’s declared income in the preceding year is a negative value;
(c)P is the number of months in the preceding year, falling within the relevant period, in which the member worked as a self‑employed person; and
(d)M is the total number of months in the relevant period in which the member worked as an employee, a self‑employed person or both.
(3)  For the purposes of paragraphs (1)(f) and (2)(a) and the Third and Sixth Schedules, a member’s total monthly wages excludes any monthly wage received from an employer of $50 or less, unless the member has paid or received the additional contribution mentioned in paragraph (1)(g) in relation to that monthly wage.
[S 889/2019 wef 01/01/2020]
(4)  For the purposes of paragraph (1)(g) or regulation 7A(2)(h), the additional contribution to be paid by, or received from the employer of, the member is —
(a)$9, where the relevant month is or falls before the member’s 55th birthday month;
(b)$7, where the relevant month is any month after the member’s 55th birthday month, but is or before the member’s 60th birthday month;
(c)$5, where the relevant month is any month after the member’s 60th birthday month, but is or before the member’s 65th birthday month; or
(d)$4, where the relevant month is any month after the member’s 65th birthday month.
[S 889/2019 wef 01/01/2020]
Informal Consolidation | Amended S 1028/2022
Eligibility criteria for member who was employee in relevant month
5.—(1)  A member who works as an employee in a relevant month in an applicable year is an eligible member for that relevant month if the member satisfies every one of the following requirements that is not waived under regulation 10:
(a)the member is a Singapore citizen —
(i)on the last day of the relevant month; and
(ii)at the time the benefit for that relevant month is to be paid or credited to the member in accordance with regulation 11;
(b)the member —
(i)if the applicable year is 2017, 2018, 2019, 2020, 2021 or 2022 — attains the age of 35 years on or before 31 December of the applicable year;
(ii)if the applicable year is 2023 or any subsequent year — attains the age of 30 years on or before 31 December of the applicable year; or
(iii)is a specified member;
[S 1028/2022 wef 01/01/2023]
(c)the member resides, on 31 December in the year immediately preceding the applicable year, in a property with an annual value that is not more than the amount specified for that applicable year in the First Schedule;
(d)the member and the member’s spouse collectively do not own more than one immovable property as at 31 December in the year immediately preceding the applicable year;
(e)the member’s average monthly income earned in the relevant period is —
(i)if the applicable year is 2017, 2018 or 2019 — not more than $2,000;
(ii)if the applicable year is 2020, 2021 or 2022 — not more than $2,300; or
(iii)if the applicable year is 2023 or any subsequent year — not more than $2,500;
[S 1028/2022 wef 01/01/2023]
(f)the member’s total monthly wages received for the relevant month from the member’s employer (or all of the member’s employers if the member has more than one employer) is —
(i)if the applicable year is 2017, 2018 or 2019 — not more than $2,000;
(ii)if the applicable year is 2020, 2021 or 2022 — not more than $2,300; or
(iii)if the applicable year is 2023 or any subsequent year — at least $500 but not more than $2,500;
[S 1028/2022 wef 01/01/2023]
(g)where the member’s monthly wage received for the relevant month from any employer is $50 or less, the member has paid, or received from that employer, an additional contribution to the member’s ordinary account, special account or medisave account, as the Minister may direct —
(i)if the relevant year is 2017, 2018, 2019, 2020, 2021 or 2022 — in accordance with paragraph (4); or
(ii)if the relevant year is 2023 or any subsequent year — in accordance with paragraph (5);
[S 1028/2022 wef 01/01/2023]
(h)the member’s spouse has an assessable income of not more than $70,000 for the purposes of a notice of assessment under the Income Tax Act (Cap. 134) for the year immediately preceding the applicable year.
(2)  In paragraph (1)(e), “average monthly income”, in relation to a member, means the amount determined in accordance with the formula , where —
(a)W is the member’s total monthly wages received in the relevant period from the member’s employer (or all of the member’s employers if the member has more than one employer);
(b)D —
(i)is the member’s declared income or notified income (as the case may be) for the calendar year preceding the applicable year (called in this paragraph the preceding year), divided by the number of months in the preceding year in which the member worked as a self‑employed person; and
[S 1028/2022 wef 01/01/2023]
(ii)is deemed to be zero if the member’s declared income or notified income (as the case may be) for the preceding year is a negative value;
[S 1028/2022 wef 01/01/2023]
(c)P is the number of months in the preceding year, falling within the relevant period, in which the member worked as a self‑employed person; and
(d)M is the total number of months in the relevant period in which the member worked as an employee, a self‑employed person or both.
(3)  For the purposes of paragraphs (1)(f)(i) and (ii) and (2)(a) and the Third and Sixth Schedules, a member’s total monthly wages excludes any monthly wage received from an employer of $50 or less, unless the member has paid or received the additional contribution mentioned in paragraph (1)(g)(i) in relation to that monthly wage.
[S 889/2019 wef 01/01/2020]
[S 1028/2022 wef 01/01/2023]
(3A)  For the purposes of paragraphs (1)(f)(iii) and (2)(a) and the Ninth Schedule, a member’s total monthly wages excludes any monthly wage received from an employer of $50 or less, unless the member has paid or received the additional contribution mentioned in paragraph (1)(g)(ii) in relation to that monthly wage.
[S 1028/2022 wef 01/01/2023]
(4)  For the purposes of paragraph (1)(g)(i) or regulation 7A(2)(h), the additional contribution to be paid by, or received from the employer of, the member is —
(a)$9, where the relevant month is or falls before the member’s 55th birthday month;
(b)$7, where the relevant month is any month after the member’s 55th birthday month, but is or before the member’s 60th birthday month;
(c)$5, where the relevant month is any month after the member’s 60th birthday month, but is or before the member’s 65th birthday month; or
(d)$4, where the relevant month is any month after the member’s 65th birthday month.
[S 889/2019 wef 01/01/2020]
[S 1028/2022 wef 01/01/2023]
(5)  For the purposes of paragraph (1)(g)(ii) or regulation 7B(2)(h), the additional contribution to be paid by, or received from the employer of, the member is —
(a)$9, where the relevant month is or falls before the member’s 55th birthday month;
(b)$7, where the relevant month is any month after the member’s 55th birthday month, but is or before the member’s 60th birthday month;
(c)$6, where the relevant month is any month after the member’s 60th birthday month, but is or before the member’s 65th birthday month; or
(d)$4, where the relevant month is any month after the member’s 65th birthday month.
[S 1028/2022 wef 01/01/2023]