SINGAPORE, Nov 10 — Singaporeans aged 21 and above in 2027 will be receiving S$100 to S$250 (RM316 to RM792) in cash payments from December 8, the Ministry of Finance said today.
This disbursement is the final part of the S$3 billion enhancement to the Assurance Package announced at Budget 2023 aimed at helping Singaporeans with their day-to-day expenses.
Eligible Singaporeans who own up to a single property and have an annual income less than or equal to S$39,000 will receive the full S$250 share of the disbursement.
Those with an annual income above S$39,000 but under S$100,000 will get S$150, while those with an annual income of over S$100,000 will get S$100.
As long as you own more than one property, this cash payment is limited to S$100 regardless of your annual income.
Recipients will be informed via the gov.sg SMS Sender ID before and after the AP Cash has been credited. Those without a Singpass-registered phone number will receive a letter sent to their address.
To receive the disbursement by December 8, citizens are encouraged to link their NRIC to PayNow by November 24.
Alternatively, those without PayNow-NRIC linked bank accounts but with a DBS/POSB, OCBC, or UOB bank account can share their bank account information at the govbenefits website by November 30 to receive the payout via Giro by December 17.
Over the last five years — 2022 to 2026 — eligible Singaporeans would receive up to S$2,250 in cash from the Package. — AsiaOne
