As part of its continued commitment to support the elderly, the Singapore government has confirmed additional financial support for seniors in June 2025. With rising costs of living and increasing healthcare needs, the new round of support is timely and crucial. Two major initiatives—Assurance Package (AP) Seniors’ Bonus and the enhanced Silver Support Scheme—are now in effect to offer both immediate and ongoing relief.
Assurance Package (AP) Seniors’ Bonus
The AP Seniors’ Bonus provides direct financial assistance to older Singaporeans, especially those from lower-income groups. The bonus is part of the broader Assurance Package designed to offset GST-related expenses.
Eligibility Criteria:
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Must be a Singapore citizen aged 55 or above in 2025
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Assessable income (Year of Assessment 2023) must not exceed $34,000
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Owns no more than one property
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The annual value of residence must not exceed $31,000 as of 31 December 2024
Payout Amounts:
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Seniors aged 65 and above:
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$300 if annual value is up to $21,000
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$200 if annual value is between $21,001 and $31,000
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Seniors aged 55 to 64:
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$250 if annual value is up to $21,000
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$200 if annual value is between $21,001 and $31,000
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Disbursement Schedule:
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PayNow-NRIC linked bank accounts: From 5 February 2025
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Standard bank crediting: From 13 February 2025
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GovCash (for those without bank accounts): From 21 February 2025
No application is required. Eligible seniors will be automatically assessed and paid according to their registered details.
Enhanced Silver Support Scheme
The Silver Support Scheme complements the AP Seniors’ Bonus and offers quarterly financial top-ups to seniors who had low incomes during their working years and who currently have limited retirement savings.
Eligibility Criteria:
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Must be a Singapore citizen aged 65 or older in 2025
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Total CPF contributions by age 55 must not exceed $140,000
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Must live in a 1- to 5-room HDB flat and not own a private or multiple properties
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Household monthly income per person must not exceed $2,300
Quarterly Payout Amounts (July 2025 Round):
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1- and 2-room flats: Up to $1,080
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3-room flats: Up to $860
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4-room flats: Up to $650
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5-room flats (if eligible): Up to $430
Disbursement Schedule:
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31 March 2025 (for April–June payments)
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30 June 2025 (for July–September payments)
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30 September 2025 (for October–December payments)
All payments are made directly to eligible seniors. Notifications are sent out in December each year for the upcoming payouts.
FAQs
Who qualifies for the AP Seniors’ Bonus in 2025?
Singapore citizens aged 55 and above in 2025, earning $34,000 or less, owning no more than one property, and living in a home with an annual value not exceeding $31,000 as of 31 December 2024.
How much can a senior receive from the AP Seniors’ Bonus?
Eligible seniors can receive between $200 and $300 depending on their age and the annual value of their home.
When will the AP Seniors’ Bonus be paid out?
Disbursement begins on 5 February 2025 for PayNow-linked accounts, 13 February 2025 for standard bank accounts, and 21 February 2025 for GovCash recipients.
What changes have been made to the Silver Support Scheme?
The scheme has increased its payout amounts and expanded eligibility to include seniors with household incomes up to $2,300 per person.
Do seniors need to apply for these payouts?
No, the payouts are automatically credited to all eligible seniors based on government data. No separate application is needed.
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