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Singapore Budget 2006
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Budget Speech 2006
   

ADVANTAGE!

 

3.15 We will give extra help to older workers who find it harder to learn new skills and find jobs, through the ADVANTAGE! scheme. This was a recommendation of the Tripartite Committee, but it complements the proposals of the Low Wage Workers Committee. The ADVANTAGE! scheme will help employers adopt practices which will maximise the strengths of older workers. These include adopting employment practices that do not discriminate by age, moving away from seniority-based wage structures, and re-employing retiring workers. WDA will set aside $30 million over two years for this scheme.

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    ANNEXES
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      Annex A : Tax Changes to Promote the Financial Sector
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      Annex B : Tax Changes to Grow Dynamic Maritime and Logistics Industries
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      Annex C : Review of Record-Keeping Periods
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      Annex D : Review of Industrial Building Allowances
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      Annex E : Budget for FY2005 and FY2006
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