Skip to content

Singapore’s 2025 Senior Bonus and Support Plans

Picture of The Financial Coconut
Follow The Financial Coconut

 

TLDR

  • In 2025, Singapore continues to support seniors with payouts under the Assurance Package (AP) Seniors’ Bonus, alongside enhancements to long-term schemes like the Silver Support Scheme and CPF top-ups under the Majulah Package.

  • These measures aim to help older Singaporeans cope with inflation and rising healthcare costs while strengthening retirement adequacy.

     

  • Eligible seniors receive cash payouts (S$200–S$300 in 2025), MediSave top-ups (S$150), CPF credits (S$400–S$1,000), and other structural support such as Silver Support quarterly supplements.

By 2030, one in four Singapore citizens will be aged 65 or above. To prepare, the government has rolled out a combination of direct relief measures (AP Seniors’ Bonus, MediSave top-ups) and longer-term retirement schemes (Silver Support, CPF top-ups under the Majulah Package). These ensure seniors are supported both financially and socially in their later years.

Digital Inclusion for Seniors in Singapore - Fei Yue

What Is the 2025 Senior Bonus?

The AP Seniors’ Bonus is part of the multi-year Assurance Package first announced in 2022. In February 2025, about 850,000 Singaporeans aged 55 and above received:

  • S$200 to S$300 in cash, depending on income and property type.

  • Eligibility criteria: Singapore citizens with Assessable Income ≤ S$34,000 and property Annual Value ≤ S$31,000.

Payouts were automatically credited to PayNow-NRIC linked accounts, or sent via cheque for those without PayNow.

 

Eldercare Options In Singapore: When's The Right Time For Assisted Living, Community Care Apartments & Nursing Homes? - SilverStreak

Other Senior Support Measures in 2025

Scheme / Initiative What It Offers Who Benefits
Silver Support Scheme (enhanced)

Quarterly cash supplements of S$180–S$900 (varies by household type). Enhancements in 2025 widened eligibility.

  • S$180 to S$360 per quarter for seniors in larger flats

  • S$360 to S$900 per quarter for seniors in smaller flats

 Lower-income seniors aged 65+
AP MediSave Bonus S$150 MediSave top-up in 2025 for eligible seniors (and youth ≤ 20). Seniors and young Singaporeans
Majulah Package – Earn and Save Bonus S$400–S$1,000 in CPF top-ups credited in March 2025. Amount depends on income and property ownership. Seniors born in 1973 or earlier, with lower- to middle-income backgrounds
GST Voucher Scheme Continued cash, MediSave, and U-Save components to offset GST, with seniors receiving higher support. Lower- and middle-income Singaporeans
Public Transport Concessions Up to 50% discounts on bus and MRT fares for seniors (ongoing scheme). All Singaporean seniors
Active Ageing Centres Expanded network offering health checks, social activities, and community care support. Seniors in the community

Singapore’s core inflation is projected to hover around 3% in 2025, while healthcare expenditure continues rising with an ageing population. By combining:

  • Direct relief (cash payouts, MediSave top-ups)

  • Structural retirement support (CPF credits, Silver Support)

  • Community programmes (Active Ageing Centres, transport concessions)

…the government ensures seniors can manage daily costs while remaining financially and socially supported in retirement.


Home - Arirang Korean Long-term Care GTA

Why These Support Plans Matter

The cost of living in Singapore has risen, with MAS projecting core inflation at 3% for 2025. Healthcare expenditure is also expected to rise as more Singaporeans enter retirement.

By combining direct cash relief (Senior Bonus) with structural support (CPF, MediSave, healthcare subsidies), the government is addressing both short-term needs and long-term retirement adequacy.

FAQs

  1. Who is eligible for the AP Seniors’ Bonus in 2025?
    Singapore citizens aged 55+ with Assessable Income ≤ S$34,000 and property AV ≤ S$31,000.
  2. Do I need to apply?
    No. Eligibility is auto-assessed; payouts are automatically credited.
  3. Can I receive both Silver Support and the AP Seniors’ Bonus?
    Yes. If eligible, seniors will receive both.
  4. What if I don’t have a PayNow-linked account?
    You will receive a cheque mailed to your registered address.
  5. How is the Majulah Package different?
    The Majulah Package (launched 2024) provides CPF top-ups for long-term retirement adequacy, while the AP Seniors’ Bonus is short-term cash relief.

Let us know what you think about this topic, and what do you want to hear next.

You can now be our community contributor and make a pitch to have your favourite personality be on our show.
Join our community group and drop us your insights on this topic.

Sources consulted:

  • Ministry of Finance, Budget 2025 Speech by DPM Lawrence Wong
  • Ministry of Manpower, Silver Support Scheme Enhancements 2025
  • Govbenefits, Assurance Package: Am I Eligible?

This is an AI-powered article, curated by The Financial Coconut. 
,

Let us know what you think of this post