More than 2.4 million Singaporeans to receive up to S$600 to ease rising costs
OVER 2.4 million Singaporeans will receive a one-off cash payout of up to S$600 from Sept 9 as the Government steps up efforts to cushion households from rising living costs. The Cost-of-Living Special Payment, announced in Parliament in April, is pa...
The Singapore government has announced a Cost-of-Living Special Payment, providing over 2.4 million eligible Singaporeans with a one-off cash payout of up to S$600. The payout, set to be distributed starting September 9, aims to help households cope with rising living and energy costs. Eligible recipients must be Singapore citizens aged 21 or older, with an assessable income of no more than S$100,000 for the 2025 year of assessment and own no more than one property.
The payment ranges from S$400 to S$600, depending on the annual value of the recipient's home. The government encourages eligible citizens to link their NRIC to PayNow by August 30 to receive the payment earlier, with alternative payment methods available for those who do not. The announcement comes as part of a broader S$1 billion support package aimed at assisting households and businesses affected by the higher costs.
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