Debated in Parliament on 1 Oct 2018.
Er Dr Lee Bee Wah asked 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.
As of end 2017, around 50,000 Singaporeans have fully utilised their Credit. This is about 2% of the total eligible pool.
When reviewing the top-up to SkillsFuture Credit, we will take into account factors, such as the SkillsFuture Credit utilisation rate, the Government's fiscal position, and the overall training participation rate of Singaporeans.
While SkillsFuture Credit has enthused Singaporeans to embrace lifelong learning, it is only one part of a larger system of support. The Ministry of Education 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.
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