Assurance Package vs Cost-of-Living Payments Singapore 2026, Guide explains eligibility
KEY HIGHLIGHTS Singapore seniors may receive both Assurance Package and Cost-of-Living payouts in 2026, depending on eligibility. Assurance Package offsets GST at 9% long-term, while Cost-of-Living Payments provide short-term inflation relief. Eligible seniors can receive up to S$2,250 under the Assurance Package, plus additional COL cash payouts. That’s why the Assurance Package and Cost-of-Living (COL) … Read more