S$1,500 Cash and Healthcare Boost Coming for Singapore Seniors in 2025
In response to growing concerns about affordability among the aging population, Singapore has announced a reinforced 2025 Assurance Package designed to assist senior citizens in managing essential living and healthcare expenses. The revised scheme is structured to distribute a combination of direct cash payouts and MediSave top-ups, benefiting citizens aged 55 and above who meet specified financial and property criteria. The announcement comes at a crucial time, as inflation continues to push up the cost of essential goods and services. Coupled with the Goods and Services Tax (GST) increase, many seniors, particularly those with fixed or limited incomes, face mounting