Additional SkillsFuture Credit (Mid-Career Support)

SkillsFuture Orange Banner of man with telescope

What Is it?

A one-off SkillsFuture Credit of $500 will be provided to every Singapore Citizen (SC) aged 40 to 60 (inclusive) as at 31 December 2020. This will be over and above the $500 SkillsFuture Credit top-up for SCs aged 25 and above as at 31 December 2020.

Eligible individuals can start using the SkillsFuture Credit provided under this package from 1 October 2020, on about 200 career transition programmes offered by the Continuing Education and Training (CET) Centres.

This additional SkillsFuture Credit will be valid for five years to encourage individuals to take timely action to learn, reskill, and seize new career opportunities. All unused credit from this SkillsFuture Credit will expire on 31 December 2025.