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SSS is part of a wide range of schemes that the Government has put in place in recent years to give seniors greater assurance in retirement.
There’s no need to apply for SSS. Eligible seniors who receive a notification letter in December each year automatically receive payments every quarter in the following year. If you’re a Singapore Citizen aged 65 and above, you qualify if you meet the following criteria:
If you’re eligible, you’ll receive SSS payouts every quarter, depending on your household monthly income per person, and the type of HDB flat you live in. If you live in a smaller flat, you’ll receive higher payouts.
If you’re eligible, you’ll start receiving payments in the financial quarter you turn age 65. The following table shows when you can expect to receive payments throughout the year: