In July 2025, Singaporean citizens aged 60 and above (born in 1965 or earlier) will receive $800 in SG60 Vouchers. These vouchers, part of the Budget 2025 initiatives, are designed to celebrate the nation's 60th year, with redemption starting from July 1, 2025, via RedeemSG.
Lower-income senior Singapore citizens will receive cash payments of $600 to $900 through the AP Seniors' Bonus. The AP Seniors' Bonus will be disbursed over three years, from 2023 to 2025. The last disbursement was made in February 2025.
All Singapore Citizens (SCs) aged 21 and above in 2025 will receive $600 in SG60 Vouchers. SC seniors aged 60 and above in 2025 will receive $200 more – a total of $800 in SG60 Vouchers.
You must be aged 21 and above in 2025; Your Income Earned in 2023 as assessed by IRAS (Assessable Income (AI) for the Year of Assessment (YA) 2024) must not exceed $39,000; The Annual Value (AV) of your home (as indicated on your NRIC) as at 31 December 2024 must not exceed $31,000; and.
$600 to $900 cash payouts over 3 years from 2023 to 2025 for eligible Singapore Citizens aged 55 and above. Cash payouts of $600 to $900 for eligible Singapore Citizens aged 55 and above in February over 3 years, from 2023 to 2025.
Bonuses are paid out at different times depending on the company and bonus type, but common periods are the end of the year (December), the first few months of the new year (January-March), or quarterly, often around 2.5 months after the quarter ends, with specific dates depending on company policy and performance cycles. Year-end or annual bonuses usually follow the prior year's performance, while other bonuses might be tied to specific project milestones or company goals.
Eligibility. Adult Singaporeans aged 21 years and above will receive AP Cash in December every year from 2022 to 2026. In total, eligible Singaporeans will receive between $700 and $2,250 of AP Cash over these five years.
Eligibility criteria
Should be a Singaporean citizen residing in Singapore. Assessable income for the Assessment Year (AY) 2024 must not exceed $39,000. Must not own more than one property. If the annual value (AV) of your home is up to $21,000 as of 31 December 2024, then you're eligible for $850.
Who qualifies. To be eligible for Silver Support, you must be a Singapore citizen aged 65 and above, and must meet all of the following criteria: Contributed not more than $140,000 to your CPF by age 55.
All adult Singaporeans born between 1966 and 2004 (aged 21 to 59 in 2025) will receive $600, while those born in 1965 and earlier (aged 60 and above in 2025) will receive $800. The higher quantum for seniors recognises their long-standing contributions to Singapore's growth and success.
From 1 January 2025, the ERS was raised to double the current year's Full Retirement Sum to enable members to voluntarily commit more savings for even higher payouts. This allows members to get higher CPF LIFE monthly payouts of up to $3,440 for life from age 65 through CPF top-ups.
About 850,000 lower-income senior Singapore citizens aged 55 years and above will receive $200 to $300 from the AP Seniors' Bonus in February 2025.
Schemes for Seniors - Caring For Seniors
Who is eligible? Singapore citizens who: Were born from 1 January 1950 to 31 December 1959, and. Became a Singapore citizen on or before 31 December 1996.
The government-backed initiative offers temporary financial assistance to lower- and middle-income workers actively seeking new employment. Payouts of up to S$6,000 (US$4,500) will be spread across six months to cushion the financial blow of involuntary unemployment.
What pension and tax benefits can I claim?
The Silver Support scheme provides continuing financial support for Singapore Citizens aged 65 and above, who had low income during their working years and now have less in retirement. Please refer to cpf.gov.sg/sss for more details. If you wish to check your eligibility, you may log in to our e-services.
If you are eligible for the 2025 GST Voucher (GSTV) – Cash and/or GSTV – MediSave and have signed up for a previous Government payout (e.g., 2024 GSTV), you will automatically receive your 2025 GSTV – Cash and/or GSTV – MediSave in August 2025.
$700 to $2,250 cash payouts over 5 years from 2022 to 2026 for adult Singapore Citizens aged 21 and above, residing in Singapore, based on Assessable Income and number of properties owned.
Monthly payouts
The payout eligibility age is currently 65. You can set aside the: Basic Retirement Sum, if you own a property with a remaining lease that can last you till 95, or. Full Retirement Sum.
Key requirements include: GSTV Cash: Must be a Singapore citizen aged 21 and above, with an income not exceeding $34,000 in the year of assessment. U-Save: Must reside in an HDB flat, either as an owner or tenant, with at least one occupier being a Singapore citizen.
Here's a quick primer on the Assurance Package if you've already forgotten: the Assurance Package is a series of cash payouts made to eligible Singaporean Citizens over 5 years from 2022-2026. Each payment is disbursed in December, and the 2025 edition can see you getting up to $600!
The permanent GST Voucher (GSTV) scheme helps lower- and middle-income Singaporean households offset GST expenses. Learn more about the GSTV scheme. Up to $850 for low- and middle-income Singaporeans aged 21 and above, paid out in August 2025.