We want our parents to live comfortably and be free from financial constraints. With a steady income, they need not worry about going out in the workforce. In this post, we will introduce the ComCare Long-Term Assistance (Public Assistance) and Silver Support Scheme that provides allowances for the elderly to relax and enjoy their retirement years.
A. ComCare Long-Term Assistance (Public Assistance)
This scheme provides monthly payouts for the elderly who are unable to work permanently and have no income or support. The cash incentive can be used for daily living and medical expenses. The amount varies based on the number of people in the household and specific medical needs
Benefits
Monthly cash assistance up to $1,450 for daily living expenses
Free medical treatment at polyclinics and government/restructured hospitals
Highly subsidised or free social support services (home help, senior activity centres)
Cash assistance for recurring essentials, such as adult diapers and pills for diabetes
Additional cash assistance for one-off special needs medical devices or household appliances, such as beds and oxygen respirators
Eligibility
Singaporean or Permanent Resident
Elderly receiving a payout from CPF Minimum Sum/CPF Life, Pension, Eldershield, Lease Buyback Scheme smaller than the prevailing PA rates
Caregiver is supporting their own families with a low income
Each caregiver with monthly household income of $1,900 or less
Or per capita monthly household income of $650 or less
How to apply
Head to the nearest Social Service Officer
Refer here for a list of documents to bring
Visit Ministry of Social and Family Development to learn more about the scheme
B. Silver Support Scheme
The Silver Support Scheme provides a quarterly allowance to help cash-strapped retirees cope with their living expenses. All Singaporeans aged 65 and above will automatically be assessed for their eligibility.
Benefits
Receive a quarterly payout of up to $750
Additional payout of $300 per quarter for elderly on ComCare Long-Term Assistance Scheme
Eligibility
Singaporean, aged 65 and above
$70,000 or less in CPF contributions by age 55
For self-employed, aged 45 – 54
Average annual net trade income of $22,800 or less
Currently resides in a HDB flat with 5-room or smaller
Monthly household income per capita of $1,100 or less
How to apply
Recipient will be automatically reviewed yearly
Visit Ministry of Social and Family Development to learn more about the scheme
Want To Learn About Other Subsidies That Your Parents Can Benefit From?
Call SilverAlly At 626-515-00 to learn more!