To help Singaporeans cope with this period of higher inflation, as well as cushion the impact of the GST increase, the Government has been rolling out a comprehensive set of support measures as announced at Budget 2023. 

Want to find out the estimated benefits available for you and your family? Check out the Support For You calculator!

The Assurance Package (AP) will help cushion the impact of the GST increase for all Singaporeans. We understand your concerns on the rising cost of living due to higher inflation. That is why at Budget 2023, the AP has been enhanced from $6.6 billion to $9.6 billion to provide more support for Singaporeans to cope with daily expenses.

Additional one-off support measures have been introduced to address the immediate cost-of-living issues:

 

• 2023 COL Special Payment

One-off cash payment of $200 to $400 for eligible adult Singaporeans in June 2023.

• 2023 COL Seniors’ Bonus

One-off cash payment of $200 to $300 for eligible Singaporeans aged 55 and above in June 2023.

• 2023 COL U-Save Special Payment

Double the regular U-Save rebates for eligible HDB households for April, July and October 2023. Together with regular U-Save, eligible households will receive a total of $440 to $760 rebates in 2023.

• 2023 Top-Ups to Child Development Account (CDA), Edusave Account and Post-Secondary Education Account (PSEA)

Each Singaporean child aged 0 - 6 years will receive a one-off $400 top-up to the CDA. 

Each Singaporean child aged 7 - 16 years and 17 - 20 years will receive a one-off $300 top-up to the Edusave account and PSEA respectively. This is in addition to the annual Edusave contribution by the Government. 

 

Beyond these one-off support measures, enhancements to the AP include:

• Additional Community Development Council (CDC) Vouchers in 2024

Every Singaporean household will receive an additional $100 CDC Vouchers in 2024. This means that Singaporean households will receive a total of $300 CDC vouchers in January 2024.

• Increased AP Cash Payouts

All eligible adult Singaporean will receive an additional AP Cash of between $300 and $650 over the remaining years of the AP, in December every year. 

This will bring the total AP Cash payments received by adult Singaporeans to between $700 to $2,250 (depending on their income and property ownership) over five years, from 2022 to 2026.

The enhanced Permanent GSTV scheme will continue to offset GST expenses for lower- to middle-income Singaporean households, beyond the transitional support provided by the AP. At Budget 2023, the Government announced that the GSTV – Cash quantum will be further increased, by up to $350. 

This increase will be implemented over 2023 and 2024.

Housing Grants	CPF Housing Grants for couples/ families, seniors, and singles
Jobs Support & Unemployment Assistance	ComCare Assistance Workfare Income Supplement
Childcare & Education Support	Enhanced Baby Bonus Scheme Pre-School Subsidies MOE Financial Assistance Schemes
Public Transport Benefits	Public Transport Vouchers
Support for Seniors	Seniors' Mobility and Enabling Fund Pioneer and Merdeka Generation Packages  Silver Support Scheme
SupportGoWhere	One-stop portal for finding support schemes and services