{"id":4399,"date":"2020-05-20T09:07:20","date_gmt":"2020-05-20T01:07:20","guid":{"rendered":"https:\/\/dollarsandsense.sg\/business\/?p=4399"},"modified":"2021-03-16T16:45:46","modified_gmt":"2021-03-16T08:45:46","slug":"what-you-need-know-about-ntuc-care-fund-covid-19","status":"publish","type":"post","link":"https:\/\/dollarsandsense.sg\/business\/what-you-need-know-about-ntuc-care-fund-covid-19\/","title":{"rendered":"Here&#8217;s What You Need To Know About The NTUC Care Fund (COVID-19)"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The consequences of the economic recession from COVID-19 has been far-reaching, with some companies starting to close their shutters and individuals taking pay cuts or getting retrenched. Freelancer and self-employed persons have also been particularly hard-hit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To complement government support measures such those contained in the <a href=\"https:\/\/dollarsandsense.sg\/singapore-budget-2020-heres-much-youll-receive-care-support-package\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Care and Support Package<\/a>, NTUC has also stepped up to provide support to help persons who have suffered a job or income loss, such as introducing the NTUC Care Fund (COVID-19).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The NTUC Care Fund (COVID-19) provides one-off relief of <strong>up to $300<\/strong> per union member, and is a joint-effort by NTUC, its associated unions and associations, and the government.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here&#8217;s what you need to know about the NTUC Care Fund (COVID-19) and how you can apply for it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Read Also:&nbsp;<\/em><\/strong><a href=\"https:\/\/dollarsandsense.sg\/business\/sirs-scheme-importance-of-filing-taxes-having-the-necessary-paperwork\/\"><strong><em>Self-Employed Person Income Relief Scheme (SIRS) \u2013 Importance Of Filing Taxes And Having The Necessary Paperwork<\/em><\/strong><\/a><\/p>\n\n\n\n<h3 id=\"who-is-eligible-for-the-ntuc-care-fund-covid-19\" class=\"wp-block-heading\">Who Is Eligible For The NTUC Care Fund (COVID-19)?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">To qualify for the NTUC Care Fund (COVID-19), you must be a registered NTUC union member during the time of application.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For members staying with dependents staying in the same household, your original gross monthly income must not exceed $3,400, while members without dependents living with them must not exceed $1,500 in gross monthly income.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Members must also suffer an income drop of at least 30% or a freelancer who had job\/event cancellations. For those who were retrenched, your retrenchment benefits must not exceed $6,500.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Read Also:&nbsp;<\/em><\/strong><a href=\"https:\/\/dollarsandsense.sg\/business\/food-delivery-booster-package-subsidies-f-b-hawker-stalls-food-delivery-platforms-logistics-partners\/\"><strong><em>ESG Food Delivery Booster Package: Subsidies For F&amp;B Stalls To Use Food Delivery Platforms And Logistics Partners<\/em><\/strong><\/a><strong><em><\/em><\/strong><\/p>\n\n\n\n<h3 id=\"how-much-can-i-receive-from-the-ntuc-care-fund-covid-19\" class=\"wp-block-heading\">How Much Can I Receive From The NTUC Care Fund (COVID-19?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The amount of payouts you can look forward to receiving would depend on whether you have dependents or not, and whether you are an existing or new NTUC member.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"211\" src=\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2020\/05\/ntuc-care-fund-payout-1024x211.png\" alt=\"\" class=\"wp-image-4405\" srcset=\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2020\/05\/ntuc-care-fund-payout-1024x211.png 1024w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2020\/05\/ntuc-care-fund-payout-300x62.png 300w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2020\/05\/ntuc-care-fund-payout-768x158.png 768w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2020\/05\/ntuc-care-fund-payout-380x78.png 380w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2020\/05\/ntuc-care-fund-payout-800x165.png 800w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2020\/05\/ntuc-care-fund-payout-1160x239.png 1160w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2020\/05\/ntuc-care-fund-payout.png 1373w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption><em>Source: <a href=\"https:\/\/www.ntuc.org.sg\/wps\/wcm\/connect\/803ecb5c-c5bf-4aaf-a4cf-11f3e93e256a\/NTUC+Care+Fund+%28COVID-19%29+-+FAQ+%28for+members%29.pdf?MOD=AJPERES\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">NTUC<\/a><\/em><\/figcaption><\/figure><\/div>\n\n\n\n<h3 id=\"applying-for-the-ntuc-care-fund-covid-19\" class=\"wp-block-heading\">Applying For The NTUC Care Fund (COVID-19)<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Ordinary Branch union members can obtain and submit the application form directly with your respective unions or associations, who would then inform you of the outcome of your application.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">General Branch union members can download the <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/ntuc.org.sg\/wps\/wcm\/connect\/cb95b76d-eca7-469d-92d8-d1a69d10398f\/NTUC+Care+Fund+%28COVID-19%29+-+Application+Form+for+GB+Members.pdf?MOD=AJPERES\" target=\"_blank\">application form<\/a>\u00a0and follow the <a rel=\"noreferrer noopener\" aria-label=\"submission instructions (opens in a new tab)\" href=\"https:\/\/ntuc.org.sg\/wps\/wcm\/connect\/a48d8ce4-c8e8-42d4-aad4-a016a0a8c213\/Instructions+to+apply-02.jpg?MOD=AJPERES\" target=\"_blank\">submission instructions<\/a>. If you are unsure about your membership type, you can call the NTUC hotline to enquire on your membership details.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Members who qualify for this relief fund can only receive this financial assistance once, and have to do so between 25 March 2020 to 30 September 2020.<\/p>\n\n\n\n<h3 id=\"supporting-documents-needed-for-application\" class=\"wp-block-heading\">Supporting Documents Needed For Application<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you are currently employed, you would have to submit a payslip of pre-COVID-19 (i.e. payslip of any month in 2019), to prove your original income of $3,400 and below, as well as a payslip of after COVID-19, i.e. payslip of any month in 2020, to show the income drop of at least 30%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you have been retrenched, you would have to submit your retrenchment letter, which should show that your retrenchment benefits did not exceed $6,500.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you are a self-employed person or a freelancer, you would have to submit an income document of pre-COVID19, such as the IRAS statement for the year 2019 as well as documentary evidence of cancellations\/postponement of jobs or quarantine order\/stay-home notice.<\/p>\n","protected":false},"excerpt":{"rendered":"Distressed union members can apply for the NTUC Care Fund (COVID-19) to tide over difficult times.\n","protected":false},"author":5,"featured_media":4401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95],"tags":[183,186,275,202],"class_list":["post-4399","post","type-post","status-publish","format-standard","has-post-thumbnail","category-policies","tag-covid-19","tag-grants","tag-labour-movement","tag-ntuc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Here&#039;s 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