Singapore Seniors to Get $1,080 in 2025: In 2025, Singapore seniors can receive up to $1,080 in financial support through key government initiatives like the Silver Support Scheme, the Assurance Package Seniors’ Bonus, and the Matched Retirement Savings Scheme. These schemes are part of Singapore’s continued effort to uplift lower-income elderly citizens, ensuring they enjoy a secure and dignified retirement. Whether you’re planning for your parents, advising clients, or a senior yourself, understanding these schemes can help you make informed decisions and access the benefits you deserve.
Singapore Seniors to Get $1,080 in 2025
Singapore has taken proactive steps to care for its ageing population with well-structured, needs-based financial support. Whether through the Silver Support Scheme, the Assurance Package Seniors’ Bonus, or the Matched Retirement Savings Scheme, eligible seniors can receive up to $1,080 or more in 2025—helping ease the cost of living and improve quality of life. It’s essential for seniors and their families to stay informed, ensure PayNow-NRIC is linked, and consider topping up CPF accounts where applicable. The future of retirement security in Singapore is bright—especially for those who take full advantage of these schemes.
| Scheme | Eligibility Criteria | Payout Amount | Payment Dates |
|---|---|---|---|
| Silver Support Scheme | – Age ≥ 65- Low lifetime CPF savings- Lives in 1-5 room HDB- Household income ≤ $2,300 | Up to $1,080 per quarter | Quarterly (Mar 31, Jun 30, etc.) |
| Assurance Package Seniors’ Bonus | – Age ≥ 55- Income ≤ $34,000- Owns ≤ 1 property- Annual value of home ≤ $31,000 | $200–$300 per year | February (e.g., Feb 5, 2025) |
| Matched Retirement Savings Scheme | – Age ≥ 55- CPF RA balance < $106,500- Income ≤ $4,000/month- Home value ≤ $21,000- Owns ≤ 1 property | Up to $2,000 annually in matched savings | Annually |
Silver Support Scheme: Extra Help for Elderly with Low CPF Savings
This initiative is a quarterly cash supplement automatically given to seniors who may not have accumulated enough CPF savings during their working years.
Who Qualifies?
- Singapore Citizens aged 65 and above
- Low CPF contributions (less than $140,000 by age 55)
- Living in a 1- to 5-room HDB flat
- Monthly household income per person of $2,300 or less
How Much Can You Get?
| HDB Flat Type | Income ≤ $1,500 | Income > $1,500 & ≤ $2,300 |
|---|---|---|
| 1- & 2-room | $1,080/quarter | $540/quarter |
| 3-room | $860 | $430 |
| 4-room | $650 | $325 |
| 5-room | $430 | $215 |
Note: Seniors receiving ComCare Long-Term Assistance get $430 per quarter regardless of housing or income.
When Is It Paid?
Silver Support payouts are disbursed every 3 months:
- 31 March
- 30 June
- 30 September
- 31 December
No application is needed. You will receive a letter each December if eligible.
Assurance Package Seniors’ Bonus: Cushioning the Impact of GST
To help seniors cope with rising living costs and the GST increase, this bonus gives cash payouts for three years (2023–2025).
Eligibility Criteria
- Singapore Citizens aged 55 and above
- Assessable income ≤ $34,000
- Annual home value ≤ $31,000
- Owns only one or no property
Payout Breakdown
| Age Group | AV ≤ $21,000 | AV > $21,000 to ≤ $31,000 |
|---|---|---|
| 55–64 | $250 | $200 |
| 65+ | $300 | $200 |
Payment Methods & Schedule
- PayNow-NRIC: 5 February 2025
- Bank crediting: From 13 February 2025
- GovCash: From 21 February 2025 (for seniors without PayNow or bank accounts)
Set up your PayNow-NRIC by 25 January 2025 to receive it earliest.
Singapore Seniors to Get $1,080 in 2025: Boosting Retirement CPF Savings
If you or a loved one still has less than the Basic Retirement Sum in your CPF Retirement Account (RA), the government will match cash top-ups dollar-for-dollar.
Eligibility
- Singapore Citizens aged 55 to 70
- CPF RA balance < $106,500
- Monthly income ≤ $4,000
- Home AV ≤ $21,000
- Own ≤ 1 property
How It Works
If you top up $500 to a senior’s CPF RA, the government will match it with another $500—up to $2,000 a year.
It’s a great way for children or caregivers to support seniors while maximizing returns through CPF interest.
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Frequently Asked Questions About Singapore Seniors to Get $1,080
1. Do I need to apply for the Silver Support Scheme?
No. If you’re eligible, you will be automatically assessed, and CPF Board will notify you.
2. Can I get both the Silver Support and Assurance Package payouts?
Yes. These are separate schemes, and if you qualify for both, you will receive both payouts.
3. What if I don’t have a bank account or PayNow?
You’ll receive your payout through GovCash, which can be withdrawn at OCBC ATMs with your NRIC.
4. Are these payouts taxable?
No. Government cash support such as Silver Support or Assurance Package bonuses are not taxable.
5. Can permanent residents (PRs) receive these benefits?
No. These schemes are only for Singapore Citizens.
