Over 1.5 million Singaporeans to receive up to $850 GSTV-Cash in August

Around 690,000 eligible seniors will also receive up to $450 MediSave top-up.

More than 1.5 million adult Singaporeans will receive up to $850 in cash from the GSTV-Cash program in August, the Ministry of Finance (MoF) announced in a press release.

The MoF also announced that it will raise the assessable income threshold to $39,000 for GSTV-Cash starting this August from $34,000 to maintain the coverage of the scheme, given that the incomes of Singaporeans have improved.

About 690,000 eligible Singaporean seniors will also receive up to $450 in MediSave top-ups, which will automatically be credited to their CPF MediSave accounts.

The eligible seniors will receive $150 to $450, depending on their age and the annual value of their home.

Eligible recipients of the GSTV–Cash will automatically receive their payment starting from 6 August if they have signed up for government disbursement schemes previously.

Those who have not previously signed up for the GSTV scheme can do so at the govbenefits website (govbenefits.gov.sg) by 13 July to receive their payment in August 2025.

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