Ref: SEC · IRAS / MOM · reviewed 05 Jul 2026

Senior Employment Credit

The government pays you back a slice of the wages of every older Singaporean on your payroll, automatically. If you employ Singapore Citizens aged 60 and above earning up to S$4,000 a month, you receive a wage offset without lifting a finger.

Up to 2% of wages (age 60-64), up to 4% (age 65-68), up to 7% (age 69 and above) in 2026; extended at Budget 2026 to cover wages paid up to 31 Dec 2027 funded

7% of monthly wages per eligible senior worker (wages up to S$4,000/month qualify)

Who qualifies

✓Any employer with Singapore Citizen employees aged 60 or above
✓Employees must earn up to S$4,000 a month
✓CPF contributions must be made for those employees
✓No application needed - IRAS assesses you automatically from CPF records

What it pays for

A percentage wage offset on every qualifying senior worker's pay
Higher tiers for older workers (top 7% tier now starts at age 69, in line with the raised re-employment age)
Paired with the CPF Transition Offset, which separately covers half of the 2026/2027 increase in senior-worker employer CPF rates
Cash paid straight to your GIRO or PayNow Corporate account

How to apply

Automatic payouts roughly every March and September; scheme currently runs until 31 December 2027

1Nothing to apply - eligibility is worked out from your CPF contribution records
2Make sure your company has GIRO with IRAS or PayNow Corporate linked to your UEN
3Receive payouts twice a year (e.g. the 2026 payout landed from 31 Mar 2026)
4Check your payout breakdown at myTax Portal under SEC/EEC/CTO digital services

Advisor's note

This is free money you may already be receiving without realising it - check myTax Portal. But do not build long-term salary budgets on it: it is renewed one year at a time and MOM's Tripartite Workgroup review could change the rates after 2027.

Planning a digitalisation or overseas-expansion project? Those usually run under EDG or MRA, which our team delivers end to end.

Common questions

How much does the SEC cover?

Up to 2% of wages (age 60-64), up to 4% (age 65-68), up to 7% (age 69 and above) in 2026; extended at Budget 2026 to cover wages paid up to 31 Dec 2027, 7% of monthly wages per eligible senior worker (wages up to S$4,000/month qualify). The government pays you back a slice of the wages of every older Singaporean on your payroll, automatically. If you employ Singapore Citizens aged 60 and above earning up to S$4,000 a month, you receive a wage offset without lifting a finger.

Who is eligible for the SEC?

Any employer with Singapore Citizen employees aged 60 or above Employees must earn up to S$4,000 a month CPF contributions must be made for those employees No application needed - IRAS assesses you automatically from CPF records

What does the SEC pay for?

A percentage wage offset on every qualifying senior worker's pay Higher tiers for older workers (top 7% tier now starts at age 69, in line with the raised re-employment age) Paired with the CPF Transition Offset, which separately covers half of the 2026/2027 increase in senior-worker employer CPF rates Cash paid straight to your GIRO or PayNow Corporate account

How do I apply for the SEC?

1. Nothing to apply - eligibility is worked out from your CPF contribution records 2. Make sure your company has GIRO with IRAS or PayNow Corporate linked to your UEN 3. Receive payouts twice a year (e.g. the 2026 payout landed from 31 Mar 2026) 4. Check your payout breakdown at myTax Portal under SEC/EEC/CTO digital services

How long does the SEC take?

Automatic payouts roughly every March and September; scheme currently runs until 31 December 2027

Free eligibility check

Find out what the SEC will co-fund for you.

15 minutes on WhatsApp. We check your eligibility, the realistic support amount, and whether a different grant fits better. No fee, no obligation.

WhatsApp us now

Often claimed together

CCP · Workforce Singapore

Career Conversion Programme

Salary support of up to 90% during the training period when you hire and reskill mid-career workers into new roles, across 100+ programmes by sector and role.

Up to 90% salary support during trainingCapped per-month per programme; enhanced for mature and long-term unemployed hires

EEC · IRAS / MOM / SG Enable

Enabling Employment Credit

A wage offset of up to 20% for every local employee with disabilities you hire, paid automatically. Hire someone with a disability who has been out of work six months or more and the offset roughly doubles for their first nine months.

Up to 20% of monthly wages, capped at S$400/month per employee; plus an additional 20% (another S$400/month cap) for the first 9 months if the person has not worked for at least 6 monthsUp to S$800/month per employee during the first 9 months, then S$400/month ongoing; scheme extended at Budget 2025 to 31 December 2028

MCPP · WSG / SWDA

Mid-Career Pathways Programme (Host Organisations)

Trial an experienced 40+ hire for four to six months while the government pays 70% of their attachment allowance. If they work out, you convert them to a permanent role; if not, you part ways with no severance baggage.

Government funds 70% of the monthly training allowance; you co-fund 30%Allowance range S$1,800-S$3,800/month (government share up to ~S$2,660/month), for 4-6 months per trainee

PWCS · IRAS

Progressive Wage Credit Scheme

The government co-funds a share of wage increases you give to lower-wage local employees, automatically via IRAS, no application needed.

Co-funding share of qualifying wage increases (rates set per year at Budget)Applies to wage increases within the qualifying gross wage ceiling