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Eligible Singaporeans to get cash payouts and MediSave, CPF top-ups in December
The Straits Times
|November 15, 2024
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.
This story is from the November 15, 2024 edition of The Straits Times.
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