Name and Constituency of Member of Parliament
Mr Melvin Yong, Tanjong Pagar GRC
Question
To ask the Minister for Education (Higher Education and Skills) (a) what is the breakdown in utilisation rate of SkillsFuture Credits according to the different age groups; and (b) whether the Ministry will consider allowing elderly citizens to transfer their credits to their younger immediate family members for skills upgrading.
Response
1. Since the launch of the SkillsFuture Credit one year ago, more than 126,000 Singaporean Citizens have used their SkillsFuture Credit. There is a good spread across the different age bands, as shown in Table 1.
Table1: Breakdown of Singaporeans who have used their SkillsFuture Credit, according to age band
| Age band | Breakdown of Singaporeans who have used their SkillsFuture Credit |
| 25 to 29 years | 16% |
| 30 to 39 years | 21% |
| 40 to 49 years | 19% |
| 50 to 59 years | 21% |
| 60 years and above | 23% |
| Total | 100% |
2. The objective of the SkillsFuture Credit scheme is to send a strong signal to adult Singaporean Citizens to take charge of their own learning journey. This is an objective that is relevant to every Singaporean Citizen, whether young or old. Making the SkillsFuture Credit transferrable will undermine this objective. Hence, it is not transferrable.