JSS

For the upcoming payout, the highest support of 50% would be given to employers in the aviation, aerospace, and tourism sectors.

The latest update from Singapore’s Ministry of Finance (MOF) sees over 140,000 employers receiving Jobs Support Scheme (JSS) payouts totalling over S$2.2bn from 30 June 2021.

The ministry revealed that this would help employers support the wages of over two million local employees.

According to MOF, employers who have made mandatory Central Provident Fund (CPF) contributions for their local employees for the months of January to March 2021 by the stipulated deadlines will qualify to receive the payout.

Eligible employers will be notified by post of their payout amount later this month.

“With this payout, more than S$26.7bn of JSS support would have been disbursed since the introduction of the scheme at the Unity Budget in February 2020,” as highlighted in its press release.

For the upcoming payout in June, employers in the following sectors will receive 50% of JSS support for the first S$4,600 of gross monthly wages paid in January, February and March 2021.

  • Aviation;
  • Aerospace; and
  • Tourism

Those in food services, retail, arts and entertainment, land transport, built environment, and marine and offshore will receive 30% support for wages paid during the same period. 

Employers in all other sectors will receive 10% support. 

This will exclude employers in the following sectors for this edition of the JSS payout: biomedical sciences, precision engineering, electronics, financial services, information and communications technology, media, postal and courier, online retail, and supermarkets and convenience stores.

For employers who have registered for PayNow Corporate as at 25 June 2021 or have existing GIRO arrangements with Inland Revenue Authority of Singapore (IRAS) can expect to receive the JSS payouts from 30 June.

Those who haven’t, on the other hand, will receive their cheques from 5 July.

Enhancements to JSS for affected sectors

About the enhanced JSS, as announced in the government’s support measures to help businesses during phases two and three (HA), it is to support sectors that have been significantly affected by the safe management measures from 16 May to 11 Jul 2021.

Significantly-affected sectors will receive 50% support for the period of 16 May to 11 July 2021. This includes sectors such as food and beverages, gym and fitness, and performing arts.

Others, like retail, cinemas, and family entertainment, will receive 30% support for the same period.

From 12 to 25 July 2021, however, all affected sectors will receive 10% support instead of the aforementioned.

This enhanced payout will be disbursed in September 2021.

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