Press Releases
1.4 Million Singaporeans to Receive Bicentennial Bonus Benefits in November 2019
Topics
Government Transfers
24 October 2019
This article has been migrated from an earlier version of the site and may display formatting inconsistencies.
Bicentennial Bonus supports individuals who need more help,
Including youth, working adults and older Singaporeans
1.4 million Singaporeans will receive up to three of the Bicentennial Bonus benefits in November: these are the GST Voucher – Cash (Bicentennial Payment), CPF Top-up, and Workfare Bicentennial Bonus.
2 In Budget 2019, the Government had announced a $1.1 billion Bicentennial Bonus to commemorate Singapore’s Bicentennial and to support individuals who need more help. Some of the Bicentennial Bonus benefits were distributed over the past few months.
3 The list of all Bicentennial Bonus benefits is in the table below. Details are in the Annex (346 KB).
Table caption
Type of Bicentennial Bonus Benefit | Beneficiaries | Timeline of Notification / Payment |
|---|---|---|
GST Voucher (GSTV) – Cash (Bicentennial Payment) | 1.4 million | SMS Notification Payment |
CPF Top-up | 300,000 | Letter Notification Payment |
Workfare Bicentennial Bonus | 400,000 | SMS Notification |
Top-ups to Edusave Accounts and Post-Secondary Education Accounts (PSEA) | 570,000 | Payment Completed in June 2019 |
Personal Income Tax (PIT) Rebate | All tax resident individuals | Granted for the Year of Assessment 2019 |
4 To verify the authenticity of a SMS notification, citizens can check that the SMS is sent by “SG-Workfare” for the Workfare Bicentennial Bonus, or “GSTV” for GSTV – Cash (Bicentennial Payment). These SMS notifications only inform citizens of their respective benefits. Citizens will not be asked to reply to their SMS or to provide any information to “SG-Workfare” or “GSTV”.
5 For further clarifications, citizens may email or call the following contact points:
Table caption
Benefit | More Information / Contact Details |
|---|---|
GST Voucher – Cash (Bicentennial Payment) | Visit |
CPF Top-up |
|
Workfare Bicentennial Bonus | Visit |
Top-ups to Edusave Accounts and | |
Personal Income Tax Rebate | |
Link to infographic (Bicentennial Bonus).
Issued by:
Ministry of Finance
Singapore
24 Oct 2019