About 14,000 families on the Community Link scheme are eligible for these new areas of support. (Photo: straitstimes.com)
Singapore (VNA) - Low-income families in Singapore will be givenfinancial incentives as part of the new ComLink+ scheme announced on November20.
It consists of four support packages inareas like pre-school education, employment, debt payment and home ownership.
Specifically, families that enroll theirchildren in preschool by age three will be given 500 SGD (374 USD) in ChildDevelopment Account (CDA) top-ups funded by a donor.
They can get an additional 200 SGD perquarter if they ensure that their children attend school regularly.
A second package aims to help adults inComLink+ families build financial stability by encouraging them to stay in CentralProvident Fund (CPF)-paying jobs that pay at least 1,400 SGD a month.
Those who do so will get 450 SGD to 550 SGDin cash and CPF payouts every quarter.
Higher top-ups will be given when twoadults in the household work, but the top-ups are limited to a maximum of twoworking adults.
ComLink+ families will also get help to save up for a home. A progress packagejointly funded by a donor and the government will match 2 SGD for every 1 SGDfamilies contribute voluntarily to their CPF.
One package helps families to clear theirdebt, such as for utility and housing arrears. This debt clearance package willmatch dollar for dollar up to 2,500 SGD in sums repaid by the family, so thetotal debt cleared would be up to 5,000 SGD.
About 14,000 families on the Community Link(ComLink) scheme are eligible for these new areas of support, which will berolled out from the second half of 2024./.
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About 14,000 families on the Community Link scheme are eligible for these new areas of support. (Photo: straitstimes.com) 
