For positions that demand entry-level skillsets, the tax would be higher and trim over.
for highly-skilled jobs, according to the SDA.
According to the party, the proposed levies would be used to collect an estimated$ 2 billion annually. The money could then be used to pay for a basic S$ 1,600 salary for all NSFs, the statement said.
Any charges that are not used may be deposited in a “national company account.”
According to the SDA, the S$ 1,600 number brings the NSF income in line with the local eligible salary for full-time regional low-wage employees.
Additionally, it recommended that NSFs who choose to pursue higher education options receive gratis nearby university education.
Singaporeans ‘ Medisave funds can be used at “accredited medical institutions” throughout the ASEAN area, according to the SDA, pointing out that countries like Thailand, Vietnam, and Malaysia have “good, advanced medical services and worthy doctors.”
More options for Singaporeans worldwide may ease the strain on the region’s now congested medical system, which is already experiencing labor and sleep shortages, according to the party. Increased competition will result in lower overall costs for the medical these, which in turn will give Singaporeans more choices.