The Straits Times·2 min read·medium

About 3 million S’poreans to receive $100-$250 Assurance Package cash payouts in December

L
Lim Ruey Yan
About 3 million S’poreans to receive $100-$250 Assurance Package cash payouts in December
✦AI Summary

Approximately three million Singaporeans will receive final Assurance Package cash payouts ranging from $100 to $250 in December. The government initiative aims to help households manage living expenses based on income and property ownership.

Why it matters

This reflects government efforts to mitigate the impact of inflation and cost-of-living pressures on the middle and lower-income population.

✦Dive DeeperCreate a free account to unlock

Eligible Singaporeans aged 21 years and above in 2027 will receive Assurance Package payments depending on their assessable income and number of properties owned.

Listen Summarise 中文 About three million adult Singaporeans will get $100 to $250 from Dec 8 under the final enhanced Assurance Package cash payout. The Ministry of Finance said the package helps “defray living expenses” and supports lower- to middle-income families. Eligible people could receive up to $2,250 over five years. Payments depend on income and property ownership. People can check eligibility on govbenefits.gov.sg, and those who link PayNow-NRIC by Nov 24 will be paid first. AI generated

SINGAPORE – About three million adult Singaporeans will receive $100 to $250 from Dec 8, marking the final disbursement under the enhanced Assurance Package.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →

Also covering this story

One other newsroom covered this event. We read that version too.

economypolitics
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in