As part of Singapore’s ongoing quest to prepare for an aging population, more is being done to help older Singaporeans remain relevant in the workforce. For 2020 budget, here are the major changes that will directly benefit older, mid-career Singaporean workers! $1,000 SkillsFuture Credit Top Up For Mid-Career Workers Looking for a mid-career switch? Singaporeans in their 40s and 50s will receive $1,000 in SkillsFuture Credit this year, to stay employable and move to new jobs and roles. This constitutes of the renewed $500 top-up that is given to all Singaporeans age 25 and older, and an additional $500 specifically for those aged 40 to 60 as at Dec 31 this year. Unlike the previous SkillsFuture Credits where there is no expiry date, the new SkillsFuture credits have an expiry date 5 years from the date of issue. This is to ensure timely usage of the credits, especially in the...