Singapore $3,267 Supplement Amount 2024: The Singapore $3,267 Supplement Amount 2024 is a significant financial assistance initiative introduced under the Goods and Services Tax (GST) Voucher Scheme. Designed to address the rising cost of living and inflation, this scheme aims to support lower- and middle-income households by easing financial burdens associated with essential expenses like healthcare, utility bills, and housing maintenance.

Introduced in 2012, the GST Voucher Scheme has undergone several enhancements to ensure broader coverage and greater financial relief for citizens. In 2024, the government increased payout amounts across the scheme’s four key components: Cash payouts, MediSave contributions, U-Save rebates, and Service and Conservancy Charges (S&CC) rebates.

This article breaks down the Singapore $3,267 Supplement Amount 2024, including eligibility criteria, payment methods, key dates, and a step-by-step guide on how to apply. Whether you’re an eligible senior citizen, a household owner, or a middle-income individual, this guide will help you understand and maximize your benefits.

Singapore $3,267 Supplement Amount 2024 Overview Table

Component	Details
Cash Payout	$450 – $850
MediSave (For Seniors)	$250 – $450
U-Save Rebates (Utilities)	$550 – $950
S&CC Rebate (Housing Maintenance)	2.0 – 4.0 months
Eligibility Age	21+ (Cash), 65+ (MediSave)
Income Threshold	$34,000 per individual
Property Value Threshold	$21,000 – $25,000 Annual Value
Payment Method	PayNow, Bank Transfer, GovCash
Official Website	Gov Benefits Portal

What is the Singapore $3,267 Supplement Amount 2024?

The Singapore $3,267 Supplement Amount 2024 is a financial aid initiative under the GST Voucher Scheme designed to offset the Goods and Services Tax (GST) impact on households. The supplement is not a single lump sum payment but is distributed across four main components:

1. Cash Payout: Direct financial assistance for eligible Singaporeans to manage everyday expenses.
2. MediSave Contributions: Healthcare subsidies deposited directly into seniors’ MediSave accounts to cover medical bills.
3. U-Save Rebates: Utility bill rebates provided quarterly to reduce electricity and water costs.
4. S&CC Rebates: Assistance for Service and Conservancy Charges (S&CC) to maintain public housing estates.

This supplement primarily targets low-income individuals, seniors, and households living in public housing estates, ensuring financial support is directed to those who need it most.

Eligibility for Singapore $3,267 Supplement Amount 2024

1. Age Requirements:

• Cash Payout: Must be at least 21 years old as of 31 December 2023.
• MediSave Contributions: Must be 65 years or older in 2024.

2. Income Criteria:

• Annual Individual Income: Must not exceed $34,000.
• Annual Household Income (For Joint Applicants): Must not exceed $68,000.

3. Property Ownership:

• Annual Value (AV) of Property:
  • AV of $21,000 or less: Eligible for higher payouts.
  • AV between $21,001 and $25,000: Eligible for reduced payouts.
  • AV above $25,000: Not eligible for benefits.

4. CPF Participation:

• Individuals already registered for past GST Vouchers or CPF benefits do not need to reapply.
• New applicants must submit their applications by April 30, 2024.

Breakdown of the Singapore $3,267 Supplement Amount 2024

1. Cash Payout

The cash component provides immediate financial relief to eligible citizens.

Annual Income	Annual Value (AV) of Home	Payout Amount
$34,000 or less	AV ≤ $21,000	$450 – $850
$34,000 or less	AV > $21,000	$350 – $700
More than $34,000	Any Value of Property	Not Eligible

2. MediSave Contributions

For seniors aged 65 and above, MediSave contributions help manage healthcare costs.

Age Group	AV ≤ $21,000	AV $21,001 – $25,000
65–74	$250	$150
75–84	$350	$250
85+	$450	$350

3. U-Save Rebates

Utility rebates are provided quarterly to help households manage electricity and water bills.

Flat Type	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Total ($)
1-2 Room	$95	$95	$95	$95	$950
3-Room	$85	$85	$85	$85	$850

4. S&CC Rebates

Rebates for housing maintenance costs are distributed quarterly.

Flat Type	Apr 2024	Jul 2024	Oct 2024	Jan 2025	Total Months
1-2 Room	1.0	1.0	1.0	0.5+0.5	4.0
3-Room	1.0	0.5	0.5	0.5+0.5	3.0

How to Apply for the Singapore $3,267 Supplement Amount 2024

1. Log in to Gov Benefits Portal: Visit www.gov.sg.
2. Verify Personal Details: Ensure your NRIC, income, and property details are accurate.
3. Choose Payment Method: Select PayNow, Bank Transfer, or GovCash.
4. Submit Application: Complete and submit the application before April 30, 2024.

Payment Methods for Singapore $3,267 Supplement Amount

• PayNow: Linked to your NRIC for quick bank transfers.
• Bank Transfer: Payments are sent directly to registered bank accounts (DBS, OCBC, UOB).
• GovCash: For individuals without a bank account, payments can be collected through GovCash services.

How to Check Your GST Voucher Status

1. Log in via Singpass: Access your Singpass account securely.
2. View Profile: Check payout status and eligibility details.
3. Verify Payment Details: Ensure your banking information is updated.

Final Thoughts

The Singapore $3,267 Supplement Amount 2024 is a crucial financial initiative aimed at helping Singaporean citizens manage the rising cost of living. With structured payouts across cash, MediSave, U-Save, and S&CC rebates, this scheme offers multi-faceted financial support.

Eligible citizens should apply early, verify their details, and use government resources to maximize their benefits. Stay informed, plan wisely, and make the most of the GST Voucher Scheme in 2024.

FAQs About Singapore $3,267 Supplement Amount 2024