You must meet the following eligibility criteria to qualify for the Workfare Income Supplement (WIS) payouts in calendar year 2008:
# Be a Singapore Citizen
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Be aged above 35 as of 1st January 2008
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Live in a property with Annual Value (AV) of $10,000 or less, based on the AV of your NRIC address as at 31st December 2006
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Earn an average monthly income of up to $1,500
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Have worked at least 3 months in a 6-month period or 6 months in Year 2007
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Self-employed persons have to make Medisave contributions for work done in Year 2007
Annual value is the estimated annual rent a property can fetch if it were rented out. In determining the Annual Value of a property, IRAS will consider the rentals of similar properties in the vicinity, size and condition of the property, and other relevant factors. The annual value is determined in the same manner regardless of whether the property is let-out, owner-occupied or vacant.
