The Silver Support (SS) Scheme is part of a wider suite of schemes (e.g. healthcare subsidies, GST voucher) that the Government has put in place in recent years to give seniors greater assurance in retirement.
It provides a quarterly cash supplement to seniors who had low incomes during their working years and now have less in retirement.
Seniors who qualify for SS will automatically receive their cash supplement. There is no need to apply.
Seniors who qualify for the Silver Support (SS) Scheme will receive a notification letter from the Board in December of the preceding year.
The SS Scheme is meant to support seniors who had low incomes during their working years and now have less in retirement. To identify this target group, three criteria will be used in tandem – lifetime wages, housing type, and the level of household support.
Singapore citizens aged 65 and above will be eligible for the SS Scheme if they meet all of the following criteria:
Low lifetime wages - Total CPF contributions* of not more than $140,000 by age 55. Self-employed persons should also have an average annual net trade income^ of not more than $27,600 when they were between the ages of 45 and 54; and
Housing type - Live in a 1- to 5-room HDB flat; and do not own, or have a spouse who owns, a 5-room or larger HDB flat or private property or multiple properties; and
Low household support - Live in a household with a monthly income per person of not more than $1,800.
The CPF Board will automatically review your eligibility for SS every year.
* Total CPF contributions refers to the total sum in an individual’s Ordinary Account and Special Account, including the amounts withdrawn for housing, education and investment.
^ Net trade income refers to the gross trade income minus all allowable business expenses, capital allowances and trade losses as determined by IRAS.
Eligible seniors will receive Silver Support payouts every quarter, depending on their household monthly income per person, and the type of Housing and Development Board (HDB) flat that they live in. Those living in smaller flats will receive higher payouts.
HDB flat type
Payout Per Quarter^
Household earns ≤$1,300 per person
Household earns $1,301-$1,800 per person
1- and 2-Room
* Live in and do not own a 5-room HDB flat
^All Singaporeans aged 65 and above who are ComCare Long Term Assistance (LTA) recipients will receive a Silver Support payout of $360 per quarter, regardless of their flat type.