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210622 Support Package for drivers

$1.5B Support Package for Self-employed Taxi, Private Hire, Combi Bus, Limousine & Delivery Drivers: Here's All You Need to Know!

profileJoel Koh

Unless you are fabulously wealthy, you would have felt the pinch from this year’s developments.

Inflation is up, fuel prices are up, and chicken has become more expensive due to Malaysia’s chicken export ban.

All these developments contribute to the rising cost of living in Singapore.

And unfortunately, when this happens, those who are not earning as much are the most hard-hit as they have to spend a bigger percentage of their salary on essentials.

In light of the above, Senior Minister of State for Finance and Transport Chee Hong Tat announced today (21 Jun 2022) in a press conference (via CNA) that the Government will be providing financial support to eligible taxi and private hire car drivers and combi bus, limousine, motorcycle, and delivery drivers.

For context, this financial support for riders is part of a new $1.5 billion support package announced by Deputy Prime Minister and Finance Minister Lawrence Wong to help the lower-income groups cope with worldwide inflation and the rising cost of living in Singapore.

Here’s all you need to know!


TL;DR: Self-employed Drivers To Receive Financial Help From the Government as Part of New $1.5 Billion Support Package

Type of ReliefAmount (One-off)Distribution DateOther Criteria
Taxi Main Hirers and Private-hire Car Drivers$150August 2022N.A.
Delivery RidersUp to $150T.B.C.Qualify for the NTUC Freelancers & Self-Employed Unit (U FSE) Relief Scheme
Combi-bus, Delivery
and Limousine Drivers
Up to $300

Note: As the story is still developing, we will update the article when more details are released.


Why is This Needed: Soaring Fuel Prices in 2022

Due to a myriad of factors like the Russia-Ukraine War, fuel prices in Singapore and around the world have been soaring.

From 5 January to 20 June 2022, one litre of 95-Octane petrol* from Sinopec increased by a staggering ~30%, from $2.58 to $3.35 per litre before discounts.

Whereas the price of one litre of diesel from SPC* went up an eye-watering ~35%, from $2.13 to $3.11 per litre before discounts.

*Note that this petrol grade was chosen as it is the only grade that all petrol retailers sell. Sinopec also offers the cheapest petrol before discount. SPC was chosen as their diesel was the most affordable.

Source: Make A Gif

Undoubtedly, the self-employed drivers with vehicles that need petrol have seen their livelihoods affected. This is due to the fact that fuel price increases will increase their operating costs and decrease the amount of profit they earn.

Granted, there has been some support.

Minister Chee said in a statement to CNA that:

He noted that taxi and private hire car operators have introduced temporary fare adjustments to supplement the incomes of drivers in the point-to-point sector.

Many operators offered further support, such as rental rebates and discounted fuel.

But as always, more support is always welcome.

$1.5 Billion Support Package: Help for Eligible Taxi Main Hirers, Private Hire Drivers and Other Riders

Thankfully, help is on the way.

Support Package for Taxi Drivers and Private Hire Drivers

As mentioned above, eligible main Taxi Drivers and Private-hire car drivers will receive a $150 cash payout to help them cope with the soaring fuel prices.

Support Package for Delivery Riders and Combi Bus, Delivery and Limousine Drivers

Also, eligible delivery riders will receive up to $150 in cash, while eligible combi bus, limousine and delivery drivers will receive up to $300 in cash.

This group of drivers can receive their payouts by applying under the NTUC Freelancers and Self-Employed Unit (U FSE) Relief Scheme.

Here are the criteria to qualify.

NTUC U FSE Relief Scheme Criteria

For context, the NTUC U FSE Relief Scheme for freelance Combi Bus, Limousine and Delivery Drivers and Riders was originally set up to help the group of drivers and riders who did not qualify for the COVID-19 Driver Relief Fund (CDRF) and required additional assistance.

The scheme is only available for:

  • Combi bus (maximum 13-seater) and limousine driver members of the National Private Hire Vehicles Association (NPHVA) and
  • Delivery drivers and rider members of the National Delivery Champions Association (NDCA).​

To join these associations and qualify for the scheme, you will need to sign up for an NTUC Union Membership which has an annual fee of $117 ($9 per month from January to November and $18 for December).

The NTUC Union Membership is open to persons above 16 years of age with valid NRIC/FIN number, except:

  • personnel from Singapore Police Force, Singapore Prison Service, Civil Defence Force, Singapore Armed Forces, Narcotics Service or Auxiliary Police bodies (Certis Cisco, Aetos and SATS), and
  • foreign domestic workers.

NPHVA and NDCA members may also receive:

  • Up to $40,000* insurance coverage by NTUC Gift
  • Up to $500 Union Training Assistance Programme (UTAP) training benefits
  • Up to $240 worth of rebates in addition to LinkPoints
  • Up to 15% off NTUC member’s meals at NTUC Foodfare
  • 20% off StarHub monthly mobile subscription.

But for now, we are still awaiting further information about the application process for the NTUC U FSE Relief Scheme under the new $1.5 billion support package.

We will update this article when this information is released, so do remember to save this article:

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About Joel Koh
History student turned writer at Seedly. Before you ask, not a teacher. I hope to help people make better financial decisions and not let money control them.
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