The Singapore Government has confirmed that self-employed individuals who qualify for the Workfare Income Supplement (WIS) will receive a special $2,800 bonus payout in August 2025. This measure is part of ongoing efforts to support lower-income workers and help them cope with rising living costs, while recognizing their contributions to the economy. What Is the … Read more
The Singapore government has officially confirmed that eligible seniors will receive a S$900 Senior Bonus in 2025, part of the Assurance Package aimed at easing the cost-of-living pressures faced by older citizens. This one-time cash benefit will be given automatically, meaning no application is required for qualified seniors. Purpose of the S$900 Senior Bonus The … Read more
Singapore will provide a one-time financial support payout of up to S$1,300 in 2025 as part of its expanded GST Voucher (GSTV) scheme. This package combines cash payments, MediSave top-ups, and U-Save utility rebates, aimed at helping lower-income citizens manage daily expenses, healthcare needs, and household bills during a period of rising living costs. Purpose … Read more
Singapore has introduced a generous retirement payout scheme allowing eligible seniors to receive up to S$1,250 every month starting in 2025. This initiative, primarily implemented through the CPF LIFE (Lifelong Income for the Elderly) program, aims to provide financial security and stability for older citizens. Overview of the Scheme The CPF LIFE scheme works as … Read more
Singapore has officially confirmed that eligible workers will receive a one-time $1,000 financial aid payment in 2025 as part of its continued efforts to support the workforce amid rising living costs. This initiative is designed to help low- to middle-income workers cope with inflationary pressures while encouraging continued participation in the labor force. Purpose of … Read more
The Singapore Government has confirmed the S$1,500 Majulah Package for 2025, offering significant financial support to help citizens manage rising costs and prepare for retirement. This payout is part of a broader set of initiatives aimed at easing living expenses, especially for lower- and middle-income Singaporeans. Purpose of the Majulah Package The S$1,500 Majulah Package … Read more
The Silver Support Scheme is one of Singapore’s key social initiatives, designed to provide lifelong quarterly cash supplements to seniors who had lower incomes during their working years and currently have less retirement support. In November 2025, eligible seniors will once again receive their quarterly payout directly into their bank accounts. Purpose of the Silver … Read more
Singapore’s 2025 pension reforms introduce several updates that will affect both Central Provident Fund (CPF) members and beneficiaries of the Silver Support Scheme (SSS). These adjustments aim to improve retirement adequacy, provide better protection against inflation, and make payouts more accessible for seniors. Purpose of the 2025 Pension Reforms The reforms are designed to: Key … Read more
The Singapore government has officially rolled out the $2800 Workfare Bonus for eligible workers in 2025. This payout aims to support lower-income employees and self-employed persons (SEPs) by supplementing their income and boosting retirement savings through the Workfare Income Supplement (WIS) scheme. If you are part of the workforce earning a modest income, this bonus … Read more
Singapore has confirmed its 2025 Cost of Living (COL) Payment, aimed at helping citizens cope with rising expenses. Eligible individuals can receive a one-time cash payout ranging from $200 to $400, depending on income and housing type. The initiative targets middle- and lower-income groups, providing direct financial relief to offset essential expenses. Key Objectives of … Read more