Aman 
In a significant move to enhance the financial support for elderly Singaporeans, the Silver Support Scheme has now been further enhanced, with effect from January 2025. This means that if qualified, a senior can receive up to $1,800 in quarterly payments to supplement their income during retirement. Brief Look at the Silver Support Scheme The … Read more
The Singaporean government is delivering yet another round of targeted assistance to help citizens deal with the rising cost of living. Under the Enhanced Assurance Package (AP), ongoing efforts to ease inflation-related burdens provide cash payouts from $400 up to $850 to eligible Singaporeans. The payouts form part of a greater national commitment, targeted at … Read more
Along with this new plan, a $900 bonus shall be paid in 2025 to eligible older persons, with an aim to supporting older persons in Singapore amid rising living costs. The Senior Bonus is part of the Assurance Package and is an existing commitment to help vulnerable groups with their day-to-day expenses and inflation. This … Read more
A one-time payout amounting to up to $900 will be given to eligible seniors as one of the social support measures for 2025 by the Government of Singapore. The initiative is ongoing, in an attempt to alleviate the ever-increasing living costs and inflation putting a strain on older Singaporeans, especially those in the lower- and … Read more
The Philippine government continues its efforts to support the country’s aging population through social welfare programs aimed at improving their quality of life. One of the most widely recognized programs is the ₱1,000 monthly social pension for indigent senior citizens. While the amount may seem modest, for many elderly Filipinos with no regular income, this … Read more
Singaporeans have a new bit of worthy news with the launching of the $1,800 CPF Cash Payout Scheme. The initiative is part of a continuing effort by the government to help citizens overcome increasingly difficult living conditions, especially with seniors and lower-income groups. This scheme is a direct injection of cash that provides immediate and … Read more
Retirement planning is a crucial phase that shapes one to become a financially secured and stress-free individual in the future. In Singapore, the government had arranged monthly payout schemes for the elderly for a steady income during their retirement years. The largest source of retirement income for Singaporeans is that of CPF Life. It pays … Read more
In a major relief to millions of central government employees, the Union Cabinet has approved a 4% hike in Dearness Allowance (DA). This much-anticipated revision has taken the DA rate from 50% to 54%, effective from January 1, 2025. The hike comes as part of the government’s biannual policy to adjust the cost-of-living allowance in … Read more