Eligible Singaporeans can receive up to $1,000 from the second payout of the Care and Support Package that will be paid out from 18 June 2020.
The Care and Support Package is part of the Unity and Resilience Budget announced to help Singaporeans tide through this crisis.
Singaporeans who are eligible can receive up to S$1,000 from this second payout.
- $300/ $600: Balance of Care and Support – Cash. For adult Singaporeans aged 21 and above, based on Assessable Income (AI) for YA2019.
- $300: Additional cash for Singaporean parents with at least one Singapore child aged 20 and below in 2020.
- $100: PAssion Card Top-up in cash. For Singaporeans aged 50 and above in 2020.
How much will you receive from 18 June 2020
The amount that you will receive is based on the Assessable Income for Year of Assessment (YA) 2019.
The amount you will receive from 18 June 2020 is after lessing off the 1st payout of $300 in April 2020.
Parents who have a child aged 20 and below in 2020 will also qualify for a further $300, regardless of their assessable income.
Singaporeans aged 50 and above in 2020 will also receive a $100 PAssion Card Top-up in Cash.
E.g. If your assessable income is $25,000 and you have a child below 20 years old and you are above 50 years old, you will get $1,000 on the coming payout.
There are 3 dates to take note of to receive your cash payouts.
The first payout on 18 June 2020 will be for those who have registered their NRIC with Paynow. Those who wish to receive their payout earlier should register for PayNow with their respective banks by 11 June 2020 (Thursday).
Simple and Direct Payout
The 2020 Care and Support will provide support to over 2.8 million Singaporeans. It will be paid out automatically without the need to apply like the Self-Employed Person Income Relief Scheme (SIRS).