Proposal for Additional Benefits for Singaporeans Aged 65 and Above

Parliamentary Question by Mr Christopher de Souza:

To ask the Prime Minister and Minister for Finance whether the Government will consider providing additional benefits for Singaporeans aged 65 and above, including transport support or other concessions, to help reduce living costs and support mobility in old age.

Parliamentary Reply by Second Minister for Finance, Mr Jeffrey Siow:

The Government provides substantial support to help seniors with cost of living, including on transport, with more given to those with less means. These measures include CDC Vouchers, additional U-Save rebates, and Enhanced Cost-of-Living Special Payments for eligible households and Singaporeans.

Seniors who had lower income during their working years and have less in retirement may also receive quarterly Silver Support payments. They can also access housing monetisation options such as the Lease Buyback Scheme and Silver Housing Bonus to supplement their retirement incomes.

For transport, seniors currently enjoy concession public transport fares and monthly passes. Those with mobility needs can also receive subsidies for assistive devices through the Seniors’ Mobility and Enabling Fund.

Seniors who require further support can approach the Agency for Integrated Care (AIC) to find out more about relevant care services and support schemes available to them.

The Government will continue to review our support for seniors, and strengthen it where necessary.