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Why has the S Pass qualifying salary been raised over the years?

As there is a larger adjustment for the S Pass compared to that for EP, MOM is phasing in the changes over three steps to allow businesses reasonable time to make adjustments. 
The first two steps were taken on 1 September 2022 and 1 September 2023 for new S Pass applications, and the remaining step will be taken on 1 September 2025.
Full details on upcoming S Pass changes can be found on MOM’s website.