In 2025, Singapore introduced a major update to its Workfare Income Supplement (WIS) scheme, providing higher payouts and broader eligibility to support low-income workers. The change is designed to help workers, including the self-employed and those with disabilities, cope with living costs and improve their retirement savings. Here’s everything you need to know about these … Read more
In 2025, Singapore will disburse a cash payout of up to S$850 through the Goods and Services Tax Voucher (GSTV) scheme. This initiative is part of a comprehensive government response to rising living costs and inflation following recent tax changes. Introduced under Budget 2025, this payout is structured to directly benefit low- and middle-income Singaporeans. What Is the GST Voucher Scheme? … Read more
In an effort to support unemployed citizens during challenging economic times, the Singaporean government has rolled out a powerful financial support initiative offering up to $4,500 over a six-month period. The new Jobseeker Support Scheme provides eligible individuals with monthly payouts and encourages active job searching. This move aims to help those who lost their jobs involuntarily while promoting upskilling and … Read more
As Singapore’s retirement income scheme evolves to meet the needs of its ageing population, the Singapore Monthly Payout 2025 continues to provide crucial financial support to retirees. This payout, a key component of the Central Provident Fund (CPF) system, is designed to offer a steady stream of income for Singapore Citizens and Permanent Residents who … Read more
Significant changes to the Central Provident Fund (CPF) in 2025 are set to impact the way Singaporeans plan and receive their retirement income. These new rules and updates, part of a broader effort to adapt to increasing life expectancy and inflation, aim to provide enhanced financial security for seniors. From updated Retirement Sum thresholds to adjustments in interest applications and account … Read more
In 2025, eligible Singaporean workers can look forward to receiving up to $2,800 under the Workfare Income Supplement (WIS) scheme. This bonus is a critical support mechanism aimed at uplifting lower-wage workers by boosting both their income and retirement savings. Whether you’re employed or self-employed, understanding how this Workfare Bonus works is key to maximizing your benefits. Here’s a complete breakdown … Read more
In 2025, Singapore’s government is providing a $950 S&CC rebate for eligible HDB flat owners to help reduce the financial burden of maintaining public housing. The Service and Conservancy Charges (S&CC) are essential fees that cover the cost of maintaining public areas, such as cleaning, security, and general upkeep in Housing and Development Board (HDB) … Read more
Singapore is enhancing its retirement system once again with a new pension schedule set to launch in 2025, promising quarterly payouts of $3,600 for qualified senior citizens. This initiative is part of the government’s commitment to ensure that aging citizens, especially those in the low-income bracket, can retire with dignity and financial stability. While this announcement is not officially … Read more
In 2025, the Singapore Government has announced another round of financial support under the CDC Vouchers Scheme, offering S$300 worth of vouchers to all Singaporean households. This move aims to help residents manage daily expenses while supporting local merchants and hawkers. Let’s explore who qualifies, how to claim the vouchers, and where they can be used. What Are CDC … Read more
The Singapore Assurance Package (AP) Cash initiative continues to offer financial relief to low- to middle-income citizens in 2025. With rising costs of living due to inflation and other economic pressures, the government has extended this vital program, ensuring that citizens receive targeted support through tiered cash payouts ranging from SGD $200 to $600. This … Read more
