Cost of Living (COL) Special Payment
Cost-of-Living (COL) measures under Assurance Package
If you are eligible for the COL measures under Assurance Package, you will receive the benefits according to the following dates:(i) 2022 COL Special Payment
Eligible citizens have received the payments in December 2022. If your eligibility was reassessed recently, you will receive your payment within the next 2 months.
(ii) 2023 COL Special Payment and 2023 COL Seniors’ Bonus
If you are eligible for the 2023 COL Special Payment and 2023 COL Seniors’ Bonus, you will receive the benefits in June 2023.
| Payment Mode | Payment Date |
|---|---|
| PayNow-NRIC Contact your bank to link your NRIC to PayNow by 23 May 2023, if you have not done so. Note: This will the default mode of payment if you have a PayNow-NRIC-linked bank account. |
7 June 2023 |
| Bank crediting If you do not have a PayNow-NRIC-linked bank account, you can provide your bank account details to us through our e-services by 5 June 2023. |
15 June 2023 |
| GovCash If you do not have a PayNow-NRIC-linked bank account and have not provided your bank account number to the Government previously, the benefits will be paid to you via GovCash. |
20 June 2023 |
If your eligibility has been reassessed recently, you will receive your payment within the next 2 months.
(iii) 2023 COL U-Save Special Payment
Eligible HDB households will receive double the amount of the regular GSTV – U-Save in April 2023, July 2023, and October 2023 with the 2023 COL U-Save Special Payment.
(iv) 2023 Top-up to Child Development Account (CDA), Edusave Account and Post-Secondary Education Account (PSEA)
Each Singaporean child aged between 0 and 6 years will receive a one-off $400 top-up to the CDA from Sep 2023.
Singaporean children aged between 7 and 16 years, and 17 and 20 years, will each receive a one-off $300 top-up to the Edusave account and PSEA respectively in May 2023.