ComCare Disburses Record S$116m To Help The Poor

ComCare disbursed a record S$116 million to those in need between April last year and March this year, a 14% increase compared to the previous financial year. 

The Ministry of Social and Family Development (MSF), announced (17 Dec) this in its annual report for ComCare – a Government programme which provides financial assistance for those in need via various schemes.

The money was used to help 91,093 individuals last year, up from 54,041 five years ago.

Out of the total sum, $68.5 million came from interest generated by the Community Care Endowment Fund, set up by the Government in 2005 to help needy families get back on their feet.

The rest came from the budget of the Ministry of Social and Family Development (MSF).                                                         

The highest percentage spike among the different schemes was in Short-to-Medium Term Assistance (SMTA). The number of households helped under ComCare’s scheme increased by 13 per cent, from about 24,300 to 27,500 households.

Income criteria thresholds have been adjusted so more can be assisted, Mr Tan added. Since July last year, the household income cap for short- to medium- term aid was raised from $1,700 to $1,900.

Have any views on ComCare? Share them with us here!

ComCare

Source: “Record $116m disbursed to help the poor” (Straits Times, 17 December 2015) and “ComCare disburses S$116 million in FY2014” (TODAY, 17 December 2015)

Next Most Still Get Retrenchment Benefits