Nearly $50m given to about 8,000 severely disabled Singaporeans in 6 years under ElderFund
A total of $6.4 million was paid out under the scheme in the first six months of 2026 alone.
Nearly eight thousand lower-income Singaporeans with severe disabilities received about $50 million in long-term care support under the ElderFund scheme since its inception in 2020, according to the Ministry of Health (MOH). The number of beneficiaries and payout amounts have steadily increased each year, reaching $11.9 million paid out to 5,083 claimants by June 2025, and $6.4 million paid out to 4,836 claimants within the first half of 2026.
ElderFund aims to provide financial assistance to individuals aged 30 or older who require full assistance with at least three basic daily activities and whose per capita household income (PCHI) and MediSave balances meet certain criteria. Those eligible receive either $250 or $150 per month, depending on their PCHI. The majority of beneficiaries receive the higher amount.
While the scheme is designed to complement other support systems, such as CareShield Life and the MediSave Care scheme, a review may be warranted due to the rising costs of living and care for severely disabled individuals.
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