Roughly 3 Million Qualifying Singaporeans to Get Up to S$250 Starting December 8 Through Assurance Package

Trading Random
2 hours ago
Approximately 3 million eligible Singaporeans aged 21 and above in 2027 will receive cash payouts of between S$100 (US$78) and S$250 starting December 8, 2026, the Ministry of Finance (MOF) announced on Tuesday (Nov 10).

This marks the last disbursement under the enhanced Assurance Package, which was boosted by S$3 billion at Budget 2023 to assist Singaporean households in managing living costs, while offering additional support to lower- and middle-income households.

Eligible Singaporeans have been getting cash payments every December since 2022. Across the five years, they would have received as much as S$2,250 in Assurance Package cash.

Last year, cash payments ranging from S$100 to S$600 were provided to eligible Singaporeans.

The enhanced Assurance Package also covers rebates, Community Development Council Vouchers, and MediSave top-ups.

Who qualifies?

The sum each Singaporean receives is based on their assessable income and how many properties they hold.

Those who own no more than one property and have an assessable income of up to S$39,000 will get S$250.

Singaporeans who own no more than one property and have an assessable income above S$100,000 will receive S$100.

Those who own more than one property will also get S$100, regardless of their assessable income.

Singaporeans can verify their eligibility for the cash payments by logging into the govbenefits website with their Singpass.

Eligible recipients will be alerted by SMS from the gov.sg sender ID before and after their payments are credited.

Those without a Singpass-registered mobile number will get a letter sent to the address on their identity card.

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