Boosting lifelong learning
- $500 SkillsFuture Credit top-up on 1 Oct 2020 for all Singaporeans aged 25 and above, which expires on 31 Dec 2025.
- Digital tools on the MySkillsFuture portal will be enhanced to provide more customised recommendations on training options.
Scale up SkillsFuture work-study pathways
- MOE will scale up the SkillsFuture Work-Study Programmes, which are co-developed and co-delivered by employers and Institutes of Higher Learning or other education providers. Such programmes help graduates develop industry-relevant skills and land jobs with industry demand.
- We aim to more than double the number of intake places for the SkillsFuture Work-Study Programme to about 5,000 by 2025.
Support mid-career workers
- MOE and MOM will scale up reskilling programmes across different modalities. This includes career transition programmes delivered by Continuing Education and Training (CET) Centres. We aim to double the annual job placements of Singaporeans in their 40s and 50s to around 5,500 by 2025.
- On top of the $500 SkillsFuture Credit for all Singaporeans, those aged 40 to 60 (as at 31 Dec 2020) will get an additional $500 SkillsFuture Credit on 1 Oct 2020 that will expire on 31 Dec 2025.
- This additional SFC (Mid-Career Support) can be used for career transition programmes at the CET Centres.
Enhance workplace learning capabilities
- The National Centre of Excellence for Workplace Learning (NACE) will be expanded to more IHLs, starting with the Singapore Institute of Technology (SIT).
- By 2025, we aim to help 1,200 companies, particularly SMEs, build up their workplace learning and work-study capabilities.
Strengthen enterprise pillar
- SkillsFuture Singapore will work with SkillsFuture Queen Bee companies, also known as anchor enterprises, which can influence and support other companies (in particular SMEs) to build up their employer-initiated skills development efforts and train for the sector, beyond their own needs.
- We aim to partner 40 SkillsFuture Queen Bee companies, such as Google, SP Group and SMRT, to reach out to 4,000 enterprises over the next 5 years.