The Union has confirmed that Panasonic is managing the retrenchment benefits stipulated in the Collective Agreement, which is higher than industry norms. Meanwhile, the Union is leading retrenchment support in the form of job placement assistance, training programmes, and more.
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SINGAPORE - Children of low-income families attending NTUC pre-schools will receive a one-time $400 top-up to their Child Development Account (CDA) from May this year.
In addition, one member of each of these 4,000 families will receive a sponsored NTUC membership, said NTUC First Campus (NFC) in a statement on Tuesday (Feb 9).
NFC, which operates My First Skool and Little Skool-House, said the initiatives are part of its efforts to give low-income families and their children additional support and a good start to the Chinese New Year.
In order to qualify, families must have a monthly household income of $4,500 or less, or monthly per capita income of $1,125 or less.