At a time when businesses are getting snuffed out and people are losing their jobs, payouts from the government are greatly appreciated.
On 14 April, Singaporeans rushed out of their homes with eager eyes and wide smiles, and it wasn’t because bubble tea stores were still open then.
And despite the circuit breaker ending, Singaporeans still can’t socialise with others, leaving us as sad and dejected as when the Covid-19 restrictions begin.
But there’s finally some good news for you, and if you’re a true Singaporean, nothing could be better than this:
Eligible S’poreans to Receive Care & Support Cash Payout of Up to $1,000 from 18 June 2020
Eligible Singaporeans will receive a cash payout from the government on 18 June as part of the Care and Support Package, according to CNA.
Announced in February by Finance Minister Heng Swee Keat, the package was introduced to support Singaporeans who are facing financial difficulties during the Covid-19 pandemic.
“As part of the Unity and Resilience Budgets, the Care and Support Package helps provide more assurance and support to over 2.8 million Singaporeans who may be concerned about household expenses during this period of economic uncertainty”, said The Ministry of Finance.
But let’s face it, instead of using it on household expenses you’re probably going to blow it all on bubble tea once stores reopen, right?
Reader: You know me so well.
Those who are eligible will receive cash payments of S$300 or S$600 via PayNow on 18 June.
Reader: Wait, didn’t you say $1,000?
Ah, well, let me explain.
If you’re a parent with at least one Singaporean child aged 20 and below in 2020, you’ll receive an extra S$300.
And if you’re a Singaporean who’s aged 50 and above in 2020, you’ll receive an extra S$100 cash, in place of the earlier announced PAssion Card top-up.
So, technically, if you’re a 50-year-old Singaporean who has a 20-year-old or younger Singaporean child, you could receive $1000.
This, of course, depends on your salary.
For the Solidarity Payout, the respective payouts for salary ranges were as follows:
If you earn less than $28,000 a year, you’d get $600.
If you earn between $28,001 to $100,000 a year, you’d get $300.
If you earn more than $100,000, or own more than one property, you’d get $0.
It’s unclear, however, whether the Care and Support Package will follow the same payment scheme.
Alleviating Expenditure Concerns
In a Facebook post on Thursday (4 June), Minister Heng detailed the latest payout and said that he hoped it would “alleviate the expenditure concerns of our families.”
He noted that some people donated their Solidarity Payments and that those who wish to do so for the June payout can donate to a good cause at www.giving.sg.
As Minister Heng said, the government’s support is critical for many Singaporeans at this trying time.
“This Budget supports you as we gradually re-open our economy, braces us for the difficult months ahead, and prepares us to emerge stronger.”
“Caring for and supporting our people is crucial during this challenging time.”
Receiving the Payout
If you’ve already linked your PayNow account to your NRIC, you can sit back, relax, and wait for that sweet money to come in.
But if it’s not linked by 11 June, then you’ll receive the cash via direct bank credit, as long as you’ve already provided your bank account details in the past.
If you haven’t, you will receive the payment via cheque a little later, between 30 Jun and 9 Jul.
(So if you don’t want to wait for your cash, you should link your PayNow account to your NRIC now).
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