If you didn’t receive your $700 government payout in April 2025, there’s still an opportunity to claim it in June. This payout is part of Singapore’s Assurance Package (AP), designed to support citizens amidst rising living costs. Here’s what you need to know to ensure you receive your entitled benefits.
Understanding the $700 Government Payout
The $700 payout is a component of the Assurance Package, aiming to assist lower- and middle-income Singaporeans. The amount you receive depends on factors like your Assessable Income (AI) and property ownership status.
Eligibility Criteria
To qualify for the $700 payout in June 2025, you must meet the following conditions:
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Citizenship: Singapore citizen residing in Singapore.
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Age: 21 years or older in 2025.
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Assessable Income: Up to $34,000 for the Year of Assessment 2023.
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Property Ownership: Own no more than one property.
Individuals with an AI between $34,001 and $100,000 may receive a reduced payout of $350. Those with an AI exceeding $100,000 or owning more than one property are not eligible.
Steps to Claim Your Missed Payout
If you missed the April payout, follow these steps to claim it in June:
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Check Eligibility: Log in to the official Assurance Package portal using your Singpass to verify your eligibility status.
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Update Payment Details: Ensure your NRIC is linked to PayNow for faster disbursement. If not, update your bank account details on the portal.
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Submit an Appeal: If you’re eligible but didn’t receive the payout, submit an appeal through the portal. Provide necessary documents like your IRAS Notice of Assessment or proof of property ownership.
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Await Processing: Appeals are typically processed within 15 working days. Ensure all information provided is accurate to avoid delays.
Important Deadlines
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Appeal Submission: Ensure your appeal is submitted by June 20, 2025, to be considered for the June payout.
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Payment Disbursement: Approved payouts will be disbursed by the end of June 2025.
FAQs
Who is eligible for the $700 payout in June 2025?
Singapore citizens aged 21 and above in 2025, with an Assessable Income up to $34,000 for the Year of Assessment 2023, and owning no more than one property.
What if my Assessable Income is between $34,001 and $100,000?
You may be eligible for a reduced payout of $350.
How will I receive the payout?
Payouts are credited directly to bank accounts linked via PayNow-NRIC. If not linked, the amount will be disbursed through GovCash.
What should I do if I missed the April payout?
Check your eligibility on the Assurance Package portal and submit an appeal with the necessary documentation by June 20, 2025.
When will the June payouts be disbursed?
Approved payouts will be disbursed by the end of June 2025.
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Aanchal is a passionate writer with a keen interest in storytelling, content creation, and creative expression. She enjoys exploring diverse topics and crafting engaging narratives that captivate readers.