SkillsFuture Credit

Name and Constituency of Member of Parliament

Er Dr Lee Bee Wah, Nee Soon GRC

Question

To ask the Minister for Education (a) how many Singaporeans have used up their SkillsFuture credit; (b) whether he can update the House on the review for the next phase of the national SkillsFuture Credit Scheme; and (c) whether there are plans to top up SkillsFuture credits.

Response

1. As of end 2017, around 50,000 Singaporeans have fully utilised their Credit. This is about 2% of the total eligible pool.

2. When reviewing the top-up to SkillsFuture Credit, we will take into account factors such as the SkillsFuture Credit utilisation rate, Government’s fiscal position, and the overall training participation rate of Singaporeans.

3. While SkillsFuture Credit has enthused Singaporeans to embrace lifelong learning, it is only one part of a larger system of support. MOE provides funding for a wide range of SkillsFuture programmes. Programmes such as SkillsFuture for Digital Workplace are delivered to the community at highly subsidised fees of $50¹. SkillsFuture Advice is also a free workshop for residents to better understand their training needs.

Footnotes

1. Singaporeans and PRs who are NTUC union members pay $10 following subsidy from the NTUC Education and Training Fund (NETF).