Decrease in Number of PEP Holders after Increase in Minimum Fixed Monthly Salary Threshold

Debated in Parliament on 16 Oct 2024.

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Patrick Tay Teck Guan asked about the impact of the raised minimum salary threshold of $22,500 on the number of Personalised Employment Pass (PEP) holders. Tan See Leng confirmed that PEP applications approved in the past 12 months have dropped by approximately 50%, from over 3,200 to 1,400 following the threshold increase.

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Patrick Tay Teck Guan

Mr Patrick Tay Teck Guan asked the Minister for Manpower (a) whether the number of Personalised Employment Pass (PEP) holders has decreased since the minimum fixed monthly salary eligibility threshold was raised to $22,500 from 1 September 2023; and (b) if so, by how many.

Tan See Leng

The number of Personalised Employment Passes (PEP) applications approved in the past 12 months has decreased by about half, from 3,200 over September 2022 to August 2023, to 1,400 over September 2023 to August 2024.

Decrease in Number of PEP Holders after Increase in Minimum Fixed Monthly Salary Threshold | PAPERCUTS

Decrease in Number of PEP Holders after Increase in Minimum Fixed Monthly Salary Threshold

Debated in Parliament on 16 Oct 2024.

Summary written by AI (learn more)

Questions identified by AI (learn more)

Decrease in Number of PEP Holders after Increase in Minimum Fixed Monthly Salary Threshold

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Questions Identified

Full Transcript

Patrick Tay Teck Guan

Tan See Leng

Summary

Questions Identified

Decrease in Number of PEP Holders after Increase in Minimum Fixed Monthly Salary Threshold

Summary

Questions Identified

Full Transcript

Patrick Tay Teck Guan

Tan See Leng

Summary

Questions Identified