In December 2024, the Singapore government will continue the Assurance Package (AP) Cash initiative, where it would offer cash payouts to qualified adult Singaporeans. The cash payouts would alleviate some of the cost-of-living pressures experienced by the affected individuals, and these payouts will vary from $200 to $600 based on individual circumstances.
Eligibility Criteria for AP Cash Payout
- Must be a Singapore citizen residing in Singapore.
- Must be aged 21 and above in the reference year.
- The disbursement is based on your Assessable Income for the Year of Assessment 2023 (income earned in 2022).
- The number of properties owned affects the payout amount.
Disbursement Details
The AP Cash payouts are structured over five years, from 2022 to 2026. The amount received each year varies based on Assessable Income and property ownership.
Payment Methods and Schedule
Payments to eligible recipients shall start automatically from December 2025. The disbursement method depends on an individual’s banking arrangements. PayNow-NRIC: For recipients with PayNow-NRIC linked bank accounts, payments begin from 5 December 2025. Be sure to link your NRIC to PayNow by 23 November 2025 to receive the payment on time.
Bank Transfer: For individuals without PayNow-NRIC but have submitted bank account details, payment will be made starting from 16 December 2025. Ensure your bank details are updated by 27 November 2025. GovCash: Recipients without a linked bank account will receive their payments via GovCash from 24 December 2025.
Additional Support Measures
Apart from the AP Cash payouts, the government is extending more measures of assistance all through December 2025.
- MediSave Bonus: A one-time top-up of $300 to $500, applicable to Singaporeans born between 1974 and 2003.
- Majulah Package – MediSave Bonus: A one-time top-up of either $1,250 or $2,000 applicable to those born in 1973 or earlier.
- Retirement Savings Bonus: One-time CPF top-up of either $1,000 or $1,500 to eligible Singaporeans born in 1973 or earlier, depending on their CPF retirement savings.
Notification and Scam Advisory
An SMS from “gov.sg” will inform eligible recipients in December 2025 once benefits have been credited. Those who do not have a mobile number registered with Singpass will get a letter to their registered address. Beware of scams: official communication will not call for replies, personal information, or include clickable links.
Conclusion
The Assurance Package Cash payout is yet another scheme that Singapore will run to trend into supporting the citizens during these economically challenging times. Eligible individuals are advised to update their banking information to receive the timely disbursement. More information or checking one’s eligibility can be done through the official government benefits website.