What social welfare does Singapore have?

Many immigrants to Singapore are very concerned about Singapore's welfare system. What kind of service can I enjoy? Today, I'll list the benefits of being in Singapore for you.

working hours

Most companies implement a five-and-a-half-day work system, with half-day shifts on Saturdays and rest on Sundays. However, in recent years, day five has become more and more common. Generally speaking, work 8 hours a day, with 1 hour for lunch.

medical treatment

Singapore is one of the largest medical tourism destinations in Asia with advanced medical equipment and leading medical level in the world, but its medical expenses are very low compared with other European and American countries.

Children education

Children of current permanent residents attend school. At present, primary school 13 SGD/month, ZF middle school 22 SGD/month. According to the latest policy of the Ministry of Education, there may be some adjustments. It is estimated that the general increase will not exceed 30%. The tuition fee for independent schools is adjusted to S $220/month. About 0.3-0.5% of parents' income.

Pension system

In Singapore, everyone has their own pension account; Women pay until they are 55 years old and men pay until they are 60 years old. When you retire and stop working, the provident fund can help you achieve economic independence. Your employer and you have to pay the provident fund every month. At the age of 55, you only need to keep the minimum deposit, and the rest of the provident fund deposits can be withdrawn. At present, the minimum deposit is S $70,000. Before the age of 55, you can use the provident fund deposit to pay for hospitalization, housing, insurance and investment.

HDB system

Singapore has a very good housing policy-Singapore HDB policy, which is equivalent to affordable housing in China. Singapore's HDB system is the foundation of Singapore's stability. The low price and excellent quality of HDB apartments are the basis for Singaporeans to live and work in peace and contentment. Permanent residents and senior foreign employees (EP, P 1, P2 work visa holders) can directly apply to the Housing Development Bureau for renting ZF apartments at a price lower than the market rent. There is basically no special time limit for renting a house in ZF. In experience, some people have rented it for ten or eight years, but this is the same house. Once the lease contract is interrupted, they can no longer rent a house from ZF. Permanent residents do not enjoy ZF housing subsidies. If you have bought a house during your permanent residence, you will not get this rental subsidy when you apply for citizenship in the future.

Other benefits

The benefits provided by Singapore companies to employees are often comprehensive and comprehensive, and many companies provide major benefits including outpatient service and specialized medical care. About half of the companies also provide medical benefits to employees' immediate family members. Employers generally provide employees with life insurance, personal accident insurance and hospitalization insurance. Coverage ranges from 12 months to 36 months of salary, with an average of 24 months.

Other major rewards include job-related training and leisure facilities. Employees employed under the foreign employee allowance can get additional benefits, such as transportation/car and entertainment allowance. This kind of extra allowance generally ranges from 600 yuan to 2,400 yuan per month. Other non-work benefits provided to foreign employees, including housing subsidies, childcare subsidies and payment of children's tuition fees.