Singapore

The Central Provident Fund (CPF) serves as Singapore’s essential savings mechanism, ensuring financial security for retirement, housing, and healthcare. As of January 1, 2025, significant revisions to CPF contribution rates and wage ceilings will come into effect, necessitating adjustments for both employers and employees. These changes are designed to better align with current economic conditions … Read more

In April 2025, Singapore’s government has made important changes to the Seniors Bonus program. This program gives extra money to older Singaporeans to help them pay for daily needs like food, medicine, and bills. The government has increased the payment amounts but also changed who can get this money. What Is the Seniors Bonus and … Read more

The much-anticipated $1300 government payout has been officially approved, and many eligible Singaporean citizens can now check their eligibility and payment dates. This financial assistance aims to provide relief to elderly Singaporeans in light of rising living costs. Read on to understand the eligibility criteria, payment schedule, and how to access this financial aid. Overview … Read more

In today’s economy, every bit of financial help matters. For Singaporeans feeling the pinch from rising costs and the recent GST increase, the government’s enhanced GST Voucher Program for 2025 offers welcome relief. This year’s program features bigger payouts and more support, especially for seniors, lower-income families, and those living in smaller homes. What Is … Read more

The Singapore government has extended its Assurance Package (AP) into 2025 to help citizens manage the effects of the Goods and Services Tax (GST) increase. This package includes direct cash payouts, MediSave top-ups, CDC vouchers, and rebates for Service and Conservancy Charges. The program runs from 2022 to 2026, providing financial support during a period … Read more

The Singapore government has announced significant updates regarding the retirement and re-employment age to ensure greater financial security for its citizens. These changes reflect a proactive approach to managing an aging workforce while providing older employees with more opportunities to stay employed longer. The revision of the retirement age will directly impact the labor market, … Read more

In an effort to bolster retirement security for Singaporeans, sweeping changes to the Central Provident Fund (CPF) structure are set to take effect in 2025. These reforms mark a pivotal moment in the nation’s pension system, altering contribution rates, retirement sum thresholds, withdrawal options, and wage ceilings. With the rising cost of living and an … Read more

If you’re a platform worker in Singapore — such as a food delivery rider, private hire driver, or freelance courier — there’s good news coming your way in 2025. The Workfare Income Supplement (WIS) scheme is getting a major upgrade, and it’s going to make your financial situation more secure and stable. These changes aim … Read more

In the 2025 Budget announcement, the Singapore government introduced a welcome financial relief measure for taxpayers – a personal income tax rebate of up to $200. This initiative comes as part of Singapore’s 60th anniversary celebrations (SG60) and aims to ease the financial burden on working Singaporeans. If you’re wondering whether you qualify and how … Read more

In a strong move to support elderly citizens, the Singapore government has enhanced its Silver Support Scheme, offering up to SGD $1,080 every three months to qualifying seniors. This is part of the government’s wider effort to ensure that all Singaporeans can age with dignity, especially those who had low-paying jobs and now struggle to … Read more