In 2025, Singaporean seniors can receive up to $1,080 through various government financial assistance schemes aimed at supporting retirement needs and offsetting rising living costs.
These include the Silver Support Scheme, Assurance Package Seniors’ Bonus, and the Matched Retirement Savings Scheme.
This guide outlines the eligibility criteria, payment dates, and benefit amounts so that you or your loved ones can make the most of these support measures.
Key Government Support Schemes for Seniors in 2025
| Scheme | Eligibility Criteria | Payout Amount | Payment Dates |
|---|---|---|---|
| Silver Support Scheme | Age ≥ 65, low CPF savings, lives in 1–5 room HDB, income ≤ $2,300/month | Up to $1,080 quarterly | Quarterly (Mar, Jun, Sep, Dec) |
| Assurance Package Seniors’ Bonus | Age ≥ 55, income ≤ $34,000, ≤1 property, home AV ≤ $31,000 | $200–$300 annually | February (from Feb 5, 2025) |
| Matched Retirement Savings Scheme | Age ≥ 55, CPF RA < $106,500, income ≤ $4,000/month, home AV ≤ $21,000, ≤1 property | Up to $2,000 annually (match) | Annually (after top-up) |
Silver Support Scheme: Helping Low-Income Elderly
The Silver Support Scheme provides quarterly payouts to seniors who had low income and CPF contributions during their working years.
Eligibility:
- Singapore Citizens aged 65 and above
- CPF contributions less than $140,000 by age 55
- Resides in 1- to 5-room HDB flat
- Monthly per capita household income ≤ $2,300
Payment Amounts by Housing Type & Income:
| HDB Flat Type | Income ≤ $1,500 | Income > $1,500 to ≤ $2,300 |
|---|---|---|
| 1- & 2-room | $1,080/quarter | $540/quarter |
| 3-room | $860 | $430 |
| 4-room | $650 | $325 |
| 5-room | $430 | $215 |
Note: ComCare recipients get a fixed $430 per quarter.
Payout Dates:
- 31 March 2025
- 30 June 2025
- 30 September 2025
- 31 December 2025
No application is required. If eligible, you’ll receive a letter by December each year.
Assurance Package Seniors’ Bonus: Easing GST Impact
To cushion the impact of the GST increase, the government offers annual cash payouts to eligible seniors until 2025.
Eligibility:
- Singapore Citizens aged 55 and above
- Income ≤ $34,000
- Annual home AV ≤ $31,000
- Owns only one or no property
Payment Amounts by Age & Home Value:
| Age Group | AV ≤ $21,000 | AV > $21,000 to ≤ $31,000 |
|---|---|---|
| 55–64 | $250 | $200 |
| 65+ | $300 | $200 |
Payout Schedule:
- PayNow-NRIC: 5 February 2025
- Bank Transfer: From 13 February 2025
- GovCash: From 21 February 2025
To receive your payout early, link PayNow-NRIC by 25 January 2025.
Matched Retirement Savings Scheme: Boost Your CPF
This scheme helps seniors build CPF Retirement Account savings with a government dollar-for-dollar match.
Eligibility:
- Age 55 to 70
- CPF RA balance < $106,500
- Monthly income ≤ $4,000
- Owns one or no property
- Home AV ≤ $21,000
If you top up $500 to your CPF RA, the government contributes another $500, up to $2,000 annually.
The Singapore government’s multi-scheme approach in 2025 offers up to $1,080 or more in financial support for eligible seniors.
From quarterly Silver Support payments to annual Assurance Package bonuses, and CPF top-up matching, these initiatives aim to secure a more stable and dignified retirement.
Make sure to check your eligibility, prepare documents, and link PayNow-NRIC to avoid delays in receiving your entitlements.
FAQs
How do I check if I qualify for the Silver Support Scheme?
Eligibility is automatically assessed. If qualified, you’ll receive a notification letter in December and payouts start the following March.
Can I receive both the Assurance Package and Silver Support payouts?
Yes. If eligible, you can receive payments from multiple schemes. Each is assessed and disbursed separately.
What is the deadline to set up PayNow-NRIC for the 2025 bonus?
To get your Assurance Package payout on 5 February 2025, link PayNow-NRIC by 25 January 2025.