About 5,400 firms in Singapore were wrongly credited JSS payouts in Oct 2020 Details Published: 09 April 2021
This happened because of errors in the business re-opening dates used to determine these payouts, as agencies had to process, at short notice, more than 1.8mn applications from businesses to resume operations after Circuit Breaker.
Around 5,400 businesses in Singapore were wrongly credited excess Jobs Support Scheme (JSS) payouts last year, during a round of disbursements in October. In total, about S$370mn was credited in excess, making up about 6% of the JSS paid out in that month, and affecting about 3.6% of all firms which received the payouts.
Government aims to recover all S$370 million wrongly paid to firms as part of Jobs Support Scheme channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.
The Straits Times
Firms had received an excess of $370 million in wage support due to errors.ST PHOTO: LIM YAOHUI
https://str.sg/JCCW
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The Straits Times
$370 million in wage support wrongly paid out to companies; Government to recover monies
The mistakes occurred in applications submitted by companies in the construction, marine and process sectors. ST PHOTO: CHONG JUN LIANG
https://str.sg/JCCA
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About S$370 million in payouts erroneously credited to firms under Jobs Support Scheme in October
Office workers wearing face masks enter a building during lunch time in the financial business district in Singapore on Aug 11. (Photo: AFP/Roslan Rahman)
08 Apr 2021 04:00PM) Share this content
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SINGAPORE: About S$370 million in government payouts under the Jobs Support Scheme (JSS) were erroneously credited to about 5,400 companies in October last year, after mistakes were made in computing the disbursements.
The overpayments make up about 6 per cent of the total amount paid out under JSS last October, said the Ministry of Trade and Industry (MTI), the Ministry of Finance (MOF) and the Ministry of Manpower (MOM) on Thursday (Apr 8).