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How will the household monthly income per person be determined for assessing one’s eligibility for the Silver Support Scheme?

In general, annual income from work from all household members will be used.

If there are recent changes to your circumstances that you want us to take into consideration to reassess your Silver Support Scheme eligibility, please write in to CPF Board and we will work with the Household Means Eligibility System (HOMES) to have your household means tested. The following supporting documents will be required from you.

Salaried Employees:

For those who are salaried employees, their income will be based on either:

a. the average monthly income over the last available 12-month period, including bonuses, as derived by the CPF Board; or 

b. the average monthly income from work (sum of net employment income and annual trade income before losses brought forward) assessed by the Inland Revenue Authority of Singapore (IRAS) for the latest available assessment year.

Self-Employed:

For those who are self-employed, their income will be based on either:

a. the average monthly income from work (sum of net employment income and annual trade income before losses brought forward) assessed by Inland Revenue Authority of Singapore (IRAS) for the latest available assessment year; or 

b. the income declared to the CPF Board within the last 2 years.