KEY HIGHLIGHTS
- Final Assurance Package Seniors’ Bonus payout confirmed for February 2026 in Singapore
- Eligible seniors can receive S$200 to S$300 in cash, plus a S$150 MediSave top-up
- Around 850,000 seniors expected to benefit — no application needed
Imagine reaching retirement age but still stressing over grocery bills, utilities, and medical costs. For many older Singaporeans, this is not hypothetical — it’s everyday life, especially with prices creeping up over the past few years.
That’s why the Singapore Government is pressing on with the final phase of the Assurance Package (AP) Seniors’ Bonus in 2026. This last payout is meant to soften the impact of the GST increase and higher living costs, while recognising the decades seniors spent building Singapore.
What exactly is the Seniors’ Bonus?
The AP Seniors’ Bonus is part of the broader Assurance Package first announced during Budget 2022. Its main purpose is simple: provide targeted cash support to older Singaporeans who are more sensitive to rising daily expenses.
Under this scheme, eligible seniors receive cash payouts spread across three years, with the final payout scheduled for February 2026. Over the full period, seniors receive S$600 to S$900, depending on the Annual Value (AV) of the home they live in. For 2026 alone, about 850,000 seniors are expected to get S$200 to S$300 in cash.
Seniors’ Bonus payout breakdown (2026)
| Property Annual Value (AV) | Cash Payout (Feb 2026) | Total Over 3 Years |
|---|---|---|
| Lower AV tiers (most HDB flats) | Up to S$300 | Up to S$900 |
| Higher eligible AV (up to S$31,000) | S$200 | S$600 |
Who qualifies for the 2026 payout?
The eligibility rules are designed to focus help where it’s most needed. To qualify for the 2026 Seniors’ Bonus, seniors must meet all of the following:
- Be a Singapore Citizen residing in Singapore
- Be 55 years old or above
- Have an assessable income of S$34,000 or below (based on the latest tax assessment)
- Own no more than one property
- Live in a home with an Annual Value of S$31,000 or below
No need to apply. Eligibility is automatically assessed, and payouts are credited directly to seniors.
When and how will payments be made?
The cash payout starts from 5 February 2026. Seniors will receive the money through one of these methods:
- PayNow (linked to NRIC)
- Direct bank credit
- GovCash (for those without bank accounts)
If your PayNow-NRIC is already set up, that’s usually the fastest option.
Extra support for healthcare: MediSave top-ups
Cash helps with daily expenses, but healthcare costs can hit harder as we age. That’s why there’s more support beyond the Seniors’ Bonus.
From February 2026, every Singaporean aged 55 and above, as well as those aged 20 and below, will receive a S$150 MediSave top-up. The amount will be credited directly into CPF MediSave accounts on 11 February 2026.
In total, around 2 million Singaporeans are expected to benefit. For seniors, this can help offset doctor visits, medications, or longer-term healthcare needs.
Why this matters for everyday seniors
Honestly speaking, this isn’t about suddenly becoming rich. But for many seniors, a few hundred dollars can go a long way — groceries for the month, utilities, or part of a medical bill.
As Singapore’s population continues to age, schemes like the AP Seniors’ Bonus help make sure seniors are not left to struggle quietly. It’s practical support, and for many families, it brings a bit more peace of mind.
Frequently Asked Questions
1. Do seniors need to apply for the 2026 Seniors’ Bonus?
No. There is no application required. The Government automatically assesses eligibility and pays eligible seniors directly.
2. Will the Seniors’ Bonus affect other government payouts?
No. The Seniors’ Bonus does not reduce or replace other schemes such as GST Vouchers or CPF benefits. It is separate support.
3. What if a senior has no bank account?
Seniors without bank accounts will receive their payout via GovCash, which can be collected at designated locations.
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