The Singapore government will disburse the Assurance Package (AP) Cash Payout in January 2025, offering eligible citizens up to S$2,250 over five years (2022–2026). This initiative helps cushion the impact of the GST increase from 7% to 9% on lower- and middle-income households.
Eligibility Criteria
To qualify, you must be a Singapore Citizen aged 21 or older. Your assessable income (AI) must not exceed S$100,000, and you should own no more than one property to receive the full or partial payout. Those earning above S$100,000 or owning multiple properties may receive a lower amount or be ineligible.
Payment Schedule
The AP Cash Payout is distributed annually in December. The January 2025 payout corresponds to the December 2024 disbursement. Here’s how much you can receive based on property ownership:
Year | Owns 0 to 1 Property | Owns More than 1 Property |
---|---|---|
2022 | S$200 | S$150 |
2023 | S$600 | S$350 |
2024 | S$600 | S$350 |
2025 | S$600 | S$350 |
2026 | S$250 | S$150 |
Total | S$2,250 | S$1,350 |
Payment Methods
Payouts are credited via PayNow-NRIC, bank transfer, or GovCash for those without bank accounts. Linking your NRIC to PayNow ensures faster processing. To check your eligibility and ensure you receive your payout on time, visit govbenefits.gov.sg.