Singapore

Singapore has introduced a generous retirement payout scheme allowing eligible seniors to receive up to S$1,250 every month starting in 2025. This initiative, primarily implemented through the CPF LIFE (Lifelong Income for the Elderly) program, aims to provide financial security and stability for older citizens. Overview of the Scheme The CPF LIFE scheme works as … Read more

In 2025, the Singapore Government will once again provide a Cost of Living (COL) Payment to help citizens manage everyday expenses. This one-off cash payout, ranging from $200 to $400, is part of the government’s broader support package to cushion the impact of inflation and rising prices. Purpose of the COL Payment The COL Payment … Read more