Singaporean seniors will receive a financial boost in April 2025 under the Assurance Package (AP) Senior Bonus. This initiative is part of the government’s effort to help Singaporeans cope with the rising cost of living. Eligible seniors can expect to receive up to $900 in cash payouts, depending on income and property ownership. The payment will be credited directly to eligible recipients’ bank accounts or available for collection via GovCash.
Singapore $900 Senior Bonus Arrives in April 2025
| Key Detail | Information |
|---|---|
| Bonus Name | Assurance Package (AP) – Senior Bonus |
| Maximum Amount | Up to SGD $900 |
| Payout Period | From April 2025 onwards |
| Eligibility Criteria | Based on age, income, property ownership, and citizenship |
| Disbursement Method | Direct bank transfer or GovCash collection |
| Official Link | https://www.assurancepackage.gov.sg |
What is the Assurance Package (AP) Senior Bonus?
The Assurance Package (AP) is a long-term government initiative aimed at supporting Singaporeans, especially vulnerable groups, in managing rising expenses. The Senior Bonus is a targeted component within this scheme that offers additional help to older citizens.
The Senior Bonus is designed for Singaporeans aged 55 years and above in 2025. Depending on their Assessable Income, Annual Value (AV) of their home, and other factors, seniors will receive different payout amounts—capped at $900.
Who is Eligible for the Senior Bonus?
Eligibility is determined based on several criteria:
-
Must be a Singapore Citizen
-
Aged 55 and above in 2025
-
Have an Assessable Income of up to $34,000
-
Own a property with Annual Value not exceeding $21,000
-
Must not own more than one property
The government uses data from 2023 and 2024 tax records and housing records to determine eligibility, so no application is required.
How Much Will You Receive?
The amount each senior receives depends on their income level and property’s AV. While the full $900 is available for seniors meeting all conditions, others may receive lower amounts in tiered payouts:
-
Up to $900: Lower income, lower AV
-
Between $200–$700: Higher income or property AV, or other factors
Exact amounts will be detailed in the official payout notice from the government.
When Will the Payout Arrive?
The payout starts in April 2025 and will be delivered in two ways:
-
Direct credit into bank accounts for those registered with PayNow-NRIC
-
GovCash collection for others, available via OCBC ATMs using NRIC
Seniors will be notified via SMS or mail about their exact payout amount and date.
How to Check Your Eligibility?
You can log in to the official Assurance Package website using your Singpass to check your eligibility and see how much you will receive. The system will be updated with April 2025 payment info closer to the disbursement date.
Why Is This Bonus Important?
With inflation affecting everyday costs, the Assurance Package and its Senior Bonus help older Singaporeans manage expenses such as:
-
Medical bills
-
Food and groceries
-
Utilities and essentials
It’s part of a broader social support effort to ensure financial stability in retirement.
Frequently Asked Questions
What if I do not have a bank account?
You can collect your payout through GovCash at any OCBC ATM using your NRIC.
Do I need to apply for this payout?
No. If you’re eligible, you’ll be automatically included based on government records.
How will I know if I’m getting the bonus?
Eligible seniors will receive a notification by SMS or mail with details on payout amount and date.
Can I still get the bonus if I turn 55 in 2025?
Yes. As long as you are aged 55 or above in 2025 and meet other criteria, you are eligible.
Is the payout taxable?
No. This bonus is not subject to income tax.
Click here to learn more