Eligible S’poreans to get cash payouts and MediSave, CPF top-ups in December
Sign up now: Get ST's newsletters delivered to your inbox
Eligible Singaporeans will receive various monies from the Government in December.
ST PHOTO: JASON QUAH
Follow topic:
SINGAPORE - Eligible adult Singaporeans in December will receive various monies meant to alleviate cost-of-living pressures, offset healthcare expenses and build up retirement savings.
About 2.9 million Singaporeans aged 21 and above in 2025 will receive $200 to $600 as part of the enhanced Assurance Package (AP) announced in Budget 2024, said the Finance, Health and Manpower ministries in a joint statement on Nov 14.
The sum is dependent on assessable income and the number of properties owned.
Those who link their NRIC to PayNow by Nov 23 will receive their AP Cash payments from Dec 5.
Singaporeans without PayNow-NRIC-linked bank accounts, but who have an account with DBS Bank, POSB, OCBC Bank or UOB, may provide their account information at the govbenefits website by Nov 27. They will then receive the cash benefits via Giro from Dec 16.
Those without their NRIC and PayNow linked or who provide no valid bank accounts will receive payments later via GovCash.
The second type of benefit to be disbursed in December will go to about 1.4 million Singaporeans born between 1974 and 2003. They will receive a one-time MediSave top-up of $300 to $500.
Those born in 1973 or earlier will receive a one-time MediSave top-up of $1,250 or $2,000 under the Majulah Package – MediSave Bonus. This will benefit about 1.6 million Singaporeans.
These MediSave top-ups were previously announced in October,
The third benefit being disbursed in December is the Retirement Savings Bonus, another component under the Majulah Package.
About 800,000 Singaporeans born in 1973 or earlier will receive a one-time bonus of $1,000 or $1,500 in their Central Provident Fund (CPF) accounts, depending on the amount of retirement savings they have in these accounts.
The MediSave and CPF payments will be automatically credited to citizens’ CPF accounts from Dec 18.
Those who wish to check their eligibility can log in with their Singpass at the govbenefits.gov.sg
The ministries said eligible recipients will also be notified via SMS in December after their benefits have been credited.
Those without a Singpass-registered mobile number will be informed through a letter sent to their address on their Singapore identity card.
The ministries also said that to safeguard against scams, the SMS notification sent from gov.sg will only inform citizens of their benefits. Citizens will not be asked to reply to the SMS, click any links or provide any information to the sender.
No messages regarding the payments will be sent through WhatsApp or other mobile messaging platforms.
For more information on the schemes, Singaporeans may call the hotline on 1800-222-2888 or visit govbenefits.gov.sg
