Nikki
The Singapore government has officially confirmed a $900 cash bonus for eligible senior citizens in 2025. This payment is part of the larger Assurance Package, designed to help older Singaporeans cope with the rising cost of living.
The bonus aims to offer financial support for daily essentials such as groceries, utility bills, and medical expenses.
This article breaks down everything you need to know about the $900 Senior Bonus, including eligibility criteria, payout amounts, and how to ensure you receive your payment on time.
What Is the $900 Senior Bonus?
The $900 Senior Bonus is a one-off cash payment for seniors aged 65 and above, designed to cushion the financial impact of inflation and promote inclusive ageing.
The bonus will be paid out in 2025 and is automatically processed for eligible recipients.
Eligibility Criteria for the $900 Senior Bonus
To qualify for this financial support, seniors must meet specific eligibility conditions outlined by the government:
| Eligibility Factor | Details |
|---|---|
| Age Requirement | Must be 65 years or older by 31 December 2025 |
| Residency | Must be a Singapore citizen and resident |
| Income Level | Assessable income ≤ $34,000 for the Year of Assessment 2023 |
| Property Ownership | Must own no more than one property |
| Annual Value of Home | Determines the final payout amount (see next section) |
How Much Will You Receive?
The Annual Value (AV) of your home, which reflects its estimated rental worth, determines how much you’ll receive.
| Annual Value of Home | Bonus Amount |
|---|---|
| Up to $21,000 | $300 |
| $21,001 to $25,000 | $200 |
| Maximum Total (Multiple Support Packages) | Up to $900 total |
The $900 figure includes additional benefits from other Assurance Package components provided throughout the year.
How to Claim the $900 Senior Bonus
You do not need to apply for the bonus. It will be automatically credited to eligible seniors through the following channels:
1. PayNow (Linked to NRIC)
To receive the payout quickly, link your NRIC to a PayNow-compatible bank account by 2025. This is the fastest and most secure method.
2. Direct Bank Credit
If you don’t use PayNow, ensure your bank account details are updated in government records by 27 January 2025 to receive the payment via bank transfer.
3. GovCash (For Those Without Bank Accounts)
Seniors without bank accounts will receive the payment via GovCash, which can be withdrawn at participating retail outlets.
You’ll receive SMS or email notifications once the payment is credited.
The $900 Senior Bonus in 2025 is a crucial part of Singapore’s effort to support its ageing population and help them manage daily costs in an inflationary climate.
If you or a loved one is eligible, ensure all banking information is updated and linked properly to avoid payment delays.
This initiative reflects the government’s strong commitment to financial security and dignity for seniors, reinforcing Singapore’s goal of building a caring and inclusive society for all ages.
FAQs
1. Do I need to apply to receive the $900 Senior Bonus?
No. If you meet the eligibility criteria, the bonus will be automatically credited to your registered PayNow or bank account.
2. What if I don’t have a bank account or PayNow?
You will receive the payment through GovCash, which can be withdrawn at approved retail locations.
3. Can I check my eligibility status online?
Yes, you can log in to gov.sg using your Singpass to view your eligibility and benefit details.