About this episode

The episode discusses the challenges faced by platform workers in Singapore regarding financial planning and the upcoming changes introduced by the Platform Workers Act.

Being a platform worker in Singapore isn’t easy. One week you’re earning well, the next week your income dips. No paid leave. No employer CPF. No buffer. And when it comes to planning for your home, healthcare and retirement, it often feels like you’re running an uphill race. From 1 January 2025, the new Platform Workers Act marks one of the biggest shifts for this group — introducing mandatory CPF contributions, platform-operator co-payment and government transition support. It’s a structur...

People in this episode

Host: DollarsAndSense

Topics covered

• financial planning
• platform workers
• income variability
• CPF contributions
• healthcare
• retirement planning

Keywords

• financial planning
• platform workers
• income dips
• CPF contributions
• healthcare
• retirement
• Singapore

Mentioned in this episode

Organizations: Platform Workers Act

Places: Singapore

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