What are the cash payout amounts for Singaporeans aged 21 and above?

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Cash Payouts for Adult Singaporeans Under Enhanced Assurance Package

All Singaporeans aged 21 and above will receive cash payouts ranging from S$700 to S$2,250 over five years, as part of a S$3 billion enhancement to the Assurance Package. These payments are intended to help citizens manage the rising cost of living, including the anticipated increase in the Goods and Services Tax (GST) to 9 per cent. The distribution of these funds is spread across several years, with specific amounts determined by individual income levels and property ownership.
Assurance Package Cash Payouts

The cash payouts under the Assurance Package for adult Singaporeans have been increased by S$300 to S$650 over the remaining duration of the package. Consequently, the total sum received by eligible individuals between 2022 and 2026 will fall within the S$700 to S$2,250 bracket. These disbursements are scheduled to occur every December during this five-year period.
Tiered Payouts Based on Income and Property

The specific amount received depends on an individual's financial standing and assets. Those with an assessable income of S$34,000 or less annually and who do not own more than one property are slated to receive between S$250 and S$600 each year. When factoring in the S$200 already distributed in December of the previous year, this category of recipients will accumulate a total of S$2,250 over the five-year span.
Higher Income Earners Receive Lower Amounts

Conversely, individuals earning over S$100,000 per year will receive a more modest sum, ranging from S$100 to S$200 annually. The cumulative total for this group over the five-year period will reach S$700. Approximately 2.9 million adult Singaporeans are expected to benefit from these enhanced cash payouts.
Additional One-Off Cash Support

In addition to the Assurance Package disbursements, Singaporeans who turn 21 this year will also receive a separate, one-off cash payment in June. This special disbursement will range from S$200 to S$400, contingent on their assessable income not exceeding S$100,000 and owning no more than one property. Those earning less than S$22,000 annually will receive the higher S$400 amount, while those with incomes between S$34,000 and S$100,000 will receive S$200.

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What are the cash payout amounts for Singaporeans aged 21 and above?

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