Singapore Silver Support Scheme 2025: Seniors receiving the Silver support scheme benefits in Singapore are now eligible to get additional payout from the administration. The government is revising Singapore’s old age payment program in 2025 where you can receive up to $1080. The revision in the Silver support scheme will help millions of seniors to overcome the additional financial expenses and with allow them to use the additional amount for their personal welfare including medical fitness checkups, treatments, Planning a trip etc.
So if you are also receiving such benefits or are going to opt for retirement, then you can read the certificate which will help you to understand the upcoming increment in silver support scheme in Singapore.
Singapore silver support scheme payment increased
The Government of Singapore was providing a maximum monthly payout of $900 to eligible seniors in this program earlier for the duration between 2021 and 2024. Now the Government has revised the payment rates from 2025 and will provide a maximum pay out in this program for up to $1080. An increase of $180 for Seniors is very helpful for low income people as it allows them to invest the amount with more independence.
Upgrading Silver Support Scheme 2025
The Silver support scheme was first introduced in Singapore in 2016. But the government is continuously revising the rates of payments frequently according to the income conditions of the citizens in Singapore and the inflation level. The program is working according to the CPF investment of the seniors during their employment days. According to the reports 20% to 30% of the population in Singapore have crossed the age of 65 and they all are eligible to receive the benefits of the silver support scheme program. You can get the Retirement benefits after reaching the age of 65 where authority will automatically transfer monthly payout in your bank according to your investment in CPF.
What are the new rates for Singapore Silver Support Scheme 2025
The new payment rates are decided according to the income condition and the family structure. The structure of the house where you are living will be calculated in this program to decide your final pay out. The range of the benefits are between $430 to maximum $1080. You can Check the following table to understand the payment rates in Singapore for the silver support scheme in 2025.
| HDB Flat Type | 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 per quarter | $540 per quarter |
| 3-room | $860 per quarter | $430 per quarter |
| 4-room | $650 per quarter | $325 per quarter |
| 5-room | $430 per quarter | $215 per quarter |
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Eligibility Criteria to receive the Silver Support Scheme Payment in 2025
You need to follow the following requirements which are designed by the government of Singapore to provide a monthly benefits of silver support scheme to retired individuals in the country. These are the eligibility criteria to receive the benefits of silver support scheme:
Citizenship: Only singaporeans are eligible to receive the benefits of silver support scheme program after the retirement. If you are working in Singapore and did not belongs to this country then you will not receive the pay out.
CPF Investment: It is an investment based retirement program. The applicant is required contribute in the CPF by the age of 55. You should contribute maximum payout of $140,000 in this program Till the age of 55. If you are a self employed individual then your income should not be more than $27,600 between the age of 45 to 55 to receive a benefit on this program.
Income criteria: The program is prepared to only low income people in Singapore where they should earn less than $2300 in a month to be eligible for getting the Maximum payout. If you want to get the maximum pay out then your income should be under $1500 in a month.
Type of the house: The government will also calculate your payment according to the type of the house where you are living. The category of the house should be between one room to maximum 5 room in a flat. If you are living in a flat of 1 to 2 rooms then you will get a maximum pay out of $1080, however if you are living in a flat of five rooms then you will get a quarterly payout of $430.
Age of the applicant: You can start the program after the age of 65 in Singapore according to the official announcement by the government. But the government is encouraging individuals to delay their pension Till the age of 70 which will have them to maximize the monthly payout.
