In an extension of its financial support efforts, the Singapore government makes a huge payout of S$700 in 2025 under the Assurance Package (AP) Cash schemes. The payout is designed to assist Singaporeans with the increased cost of living and offsetting the increase in the Goods and Services Tax (GST).
What is the S$700 Government Payout (Assurance Package)?
This Assurance Package (AP) is intended to help them when the GST goes up to 9%. Eligible citizens will receive cash payouts of up to S$700 in 2025, which is part of the Assurance Package and other support ways, such as MediSave top-ups, utility rebates, and CDC vouchers.
Who is Eligible for the S$700 Payout?
In order to qualify for the 2025 AP Cash payout, an individual must be a Singapore citizen, age 21 and above in 2025, and have an Assessable Income (AI) for the Year of Assessment 2024 that does not exceed S$100,000.
The applicant must also not own more than one property. The exact payout amount varies according to income and property ownership, whereby lower-income individuals receive higher payouts.
When Will the Payout Be Disbursed?
The payout is set for disbursement in December 2025. Those who link their NRIC to PayNow before the cutoff date will be able to access their funds effective December 5, 2025. The rest of the citizens will continue receiving their payouts through bank account registration until December 12, 2025. The others who are not registered can withdraw their payout through GovCash beginning December 14, 2025.
How to Check Your Eligibility?
To check on their eligibility status and payment details, Singaporeans can log into the official Assurance Package website using their Singpass. Staying updated using government channels is advisable so as not to fall scapegoat for scams.
Additional Government Support in 2025
The cash handout is just one of the government cash transfers available this year. The S$150 MediSave top-up would also apply to those over 55 and those with 20 and under in February 2025. For January 2025, HDB households are also receiving U-Save rebates that range from S$5 to S$95 to assist with utility bills. Additionally, S$300 in CDC vouchers would be issued to each household in Singapore in January 2025 for use at participating hawkers, heartland merchants, and supermarkets.
Staying Informed
Singaporeans must often go to the government’s websites and their Singpass accounts for the latest updates on payouts. Information verification from official sources is paramount to avoid scams.