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Solidarity Budget: All Adult S'poreans To Get One-Off $600 Cash Payout In April

The Solidarity Payment has been extended so that Permanent Residents (PRs) and Long Term Visit Pass-Plus holders who have Singaporean parents, spouses or children can apply to receive a one-off S$300 cash payout.

This update comes on the back of concerns that some Singaporean families with non-citizen members were left out in the measures announced on Monday.

“They currently do not benefit from the cash payouts under the Care and Support Package, but are supporting the family in different ways, through this difficult period,” said Finance Minister Heng Swee Keat.

Heng announced on 6 April that all adult Singaporeans will receive a one-off Solidarity Payment of S$600 in cash, to help households cope with the impact of COVID-19.

This comprises of S$300 brought forward from the previously announced Care and Support Package, and an additional new payout of S$300.

He first announced payouts of S$100 to S$300 for all adult Singaporeans in his Unity Budget in February, then increased this to S$300 to S$900 in the Resilience Budget in March.

It was initially planned to be distributed between August and September 2020.

Now, Singaporeans who have previously provided their bank account details to the Government will receive the S$600 Solidarity Payment directly credited into their bank accounts by 14 April.

Others will receive the payment in cheque in stages, starting 30 April.

Singaporeans who qualify for higher tiers of support will then receive a following payout in June.

Those who had an assessable income between S$28,000 and S$100,000 in 2019 will receive $300 more, and those with an assessable income of S$28,000 or lower will receive $600 more.

In the same month, parents with at least one child aged 20 and below will also receive an additional S$300 payout.

Singaporeans who are 50 and above this year will also have their S$100 PAssion Card top-up brought forward to June.

Featured Image Credit: Bloomberg

 

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