Payment of SG Bonus
09 Jul 2018Parliamentary Question by Mr Murali Pillai:
To ask the Minister for Finance (a) whether the date for the payment of SG Bonus has been determined; and (b) whether details on receiving the SG Bonus by eligible Singaporeans have been finalised and, if so, when will the announcement be made.
Parliamentary Reply by Minister of Finance, Mr Heng Swee Keat:
1. SG Bonus will be disbursed to all adult Singaporeans at the end of the year. Individual letters and SMS notifications will be sent in October 2018 to inform citizens about the amount of SG Bonus they will be receiving, and the payment dates.
2. Citizens who have registered for PayNow and linked their NRIC to their bank account can also receive their payout earlier via PayNow, compared to those being paid through direct bank crediting or cheques.