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About 3 million Singaporeans to receive $100 to $250 in final Assurance Package cash
The final payout under the enhanced Assurance Package will reach about three million adult citizens, with amounts set by income and property ownership.
What happened
The Ministry of Finance said adult Singaporeans aged 21 and above in 2027 will receive cash payments of $100 to $250 from 8 December 2026. Ministry of Finance (MOF)+1 Around three million citizens are expected to receive the payment, which is the final disbursement under the enhanced Assurance Package. Ministry of Finance (MOF)+1 Citizens who own no more than one property and have assessable income of $39,000 or below will receive $250. all.sg Those with assessable income between $39,001 and $100,000 will receive $150, while those with income above $100,000, or owning more than one property regardless of income, will receive $100. all.sg
Around it
The enhanced Assurance Package was expanded by $3 billion at Budget 2023 to increase cash payments, help defray living expenses and provide more support for lower- and middle-income families. Ministry of Finance (MOF)+1 The package also included cash payments each December from 2022 to 2026, as well as rebates, Community Development Council Vouchers and MediSave top-ups. Ministry of Finance (MOF)
What comes next
Eligible Singaporeans can check whether they qualify by logging into the govbenefits.gov.sg portal. all.sg
Sources
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Photo: The Straits Times- Photo: Cyrill, Pexels