What are the upcoming enhancements to the Silver Support Scheme?
Silver Support will be enhanced in 2025. From 1 January 2025:
(i) Payments will be raised by 20%. Quarterly payments will increase by 20% for those who meet the current eligibility criteria.
(ii) Criterion for household monthly income per person will be raised. Singaporeans aged 65 and above who live in a household with a monthly income per person of not more than $2,300 and meet all other eligibility criteria will be eligible for the SSS (the current criterion is $1,800). Payments will continued to be tiered.
The enhanced quarterly payments from 1 January 2025 are in the table below.
HDB Flat Type3
|
Enhanced Silver Support payments from 1 January 20251
|
Total CPF contributions of not more than $140,000 by age 552
|
Household monthly income per person of $1,500 or less
|
Household monthly income per person of above $1,500 but not more than $2,300
|
1- and 2-Room
|
$1,080
|
$540
|
3-Room
|
$860
|
$430
|
4-Room
|
$650
|
$325
|
5-Room4
|
$430
|
$215
|
Note:
1. All Singaporeans aged 65 and above who are ComCare Long Term Assistance (LTA) recipients will receive SS of $430 per quarter, regardless of their flat type.
2. Self-employed persons should also have an average annual net trade income of not more than $27,600 when they were aged 45 to 54.
3. Senior should not own, and not have a spouse who owns, a 5-room or larger HDB flat or private property or multiple properties.
4. Senior may live in, but do not own, a 5-room HDB flat.
