senior bonus payout date

What is the senior bonus for the assurance package?

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The Senior Bonus is a component of the Assurance Package provided by the Singapore government to support seniors in their retirement years. The Senior Bonus is specifically targeted at older Singaporeans to help enhance their retirement income. The Senior Bonus is a one-time cash bonus given to eligible Singaporeans aged 65 and above who have … Read more

How to check eligibility for senior bonus

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How to check eligibility for senior bonus – Assurance Package (AP) Seniors’ Bonus [Previously known as GSTV – Cash (Seniors’ Bonus)] Lower-income senior Singapore citizens will receive cash payments of $600 to $900 through the AP Seniors’ Bonus. The AP Seniors’ Bonus will be disbursed over three years, from 2023 to 2025.   Property Ownership … Read more