$890 Million of GST Vouchers & Medisave Top-Ups for 1.54 Million Singaporeans in 2016

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Eligible citizens will receive notification letters on their 2016 GST Voucher (GSTV) and other Budget benefits by 1 July 2016.

For more convenience and to be notified earlier, citizens are encouraged to sign up for SMS notifications at www.gstvoucher.gov.sg.

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  1. GSTV – Cash and one-off Cash Special Payment
  2. Medisave Top-Ups
  3. What this means for you
  4. Go paperless – Sign up for SMS GSTV notifications
  5. Who to contact for more information

GSTV – Cash and one-off Cash Special Payment

About 1.3 million eligible Singaporeans will receive up to $300 in GSTV – Cash. In addition, as announced at Budget 2016, a one-off GSTV – Cash Special Payment of up to $200 will be provided to support households amid current economic conditions.

This means that eligible GSTV recipients will receive up to $500 in cash in 2016, which will be disbursed in two payments in August 2016 and November 2016.

Medisave Top-Ups

About 425,000 Singaporeans aged 65 years and above will receive the GSTV – Medisave of up to $450 in August 2016.

In addition, Singaporeans born on or before 31 December 1959 (57 years and above in 2016) and do not receive Pioneer Generation (PG) benefits will receive a Medisave top-up of up to $200 each year till 2018. The top-up for this year will also be made in August 2016. In total:

  • A non-Pioneer aged 65 in 2016 and who is living in an HDB flat (and does not own a second property) can receive $450 of Medisave top-ups this year.

Pioneers would also be receiving their PG Medisave top-ups of $200 to $800 in July 2016. Taking both the PG Medisave and GSTV – Medisave together:

  • A Pioneer aged 70 in 2016 who is living in an HDB flat (and does not own a second property) will receive $450 of Medisave top-ups;
  • A Pioneer aged 85 in 2016 who is living in an HDB flat (and does not own a second property) will receive $1,250 of Medisave top-ups.

What this means for you

For example, a Pioneer couple (husband aged 80, wife aged 77), living in an HDB flat (and do not own a second property) will receive the benefits below in 2016:

Individual
$1,000 in cash
($300 GSTV – Cash and $200 GSTV – Cash Special Payment per person)
$1,900 in Medisave top-ups
($350 GSTV – Medisave and $600 Pioneer Generation Medisave per person)
Household
$180 to $260 of GSTV – U-Save rebate annually
1 to 3 months of S&CC rebate

A retired couple in their 60s (husband aged 66, wife aged 60) living in an HDB flat (and do not own a second property) will receive the benefits below in 2016:

Individual
$1,000 in cash
($300 GSTV – Cash and $200 GSTV – Cash Special Payment per person)
$650 in Medisave top-ups
($200 5-year Medisave Top-Up per person and $250 GSTV – Medisave for husband)
Household
$180 to $260 of GSTV – U-Save rebate annually
1 to 3 months of S&CC rebate

A lower-income working couple in their 40s, with both the husband and wife each having a monthly salary of $2,000, living in an HDB flat (and do not own a second property), will receive the benefits below in 2016:

Individual
$1,000 in cash
($300 GSTV – Cash and $200 GSTV – Cash Special Payment per person)
Household
$180 to 260 of GSTV – U-Save rebate annually
1 to 3 months of S&CC rebate

Table A1: GSTV – Cash payouts and one-off GSTV – Cash Special Payment for 2016

GST VoucherAssessable Income for
YA 2015 ≤ $26,000
Annual Value of Home as at 31 Dec 2015
Up to $13,000$13,001 to $21,000
Regular – CashSingaporeans aged 21 years and above$300$150
One-off – Cash
Special Payment
$200$100

Payout month: August 2016 for regular GSTV – Cash; November 2016 for one-off GSTV -Cash Special Payment

Table A2: Total Medisave top-ups

Includes GSTV – Medisave, Pioneer Generation Medisave Top-Up and/or 5-year Medisave Top-Up

Age in 2016Amount of Medisave Top-Up
57 to 64 yearsUp to $200
65 to 71 yearsUp to $450
72 to 74 yearsUp to $650
75 to 76 yearsUp to $750
77 to 81 yearsUp to $950
82 to 84 yearsUp to $1,150
85 years and aboveUp to $1,250

Go paperless – Sign up for SMS GSTV notifications

Citizens can sign up to receive more timely SMS notifications informing them of whether they are eligible for GSTV benefits, instead of waiting for notification letters.

All GSTV recipients aged 21 to 35 years old will receive a letter asking them to log in to www.gstvoucher.gov.sg with their SingPass, to view their GSTV benefits and sign up for SMS notifications.

A small group of other citizens will also receive such letters, while the remaining recipients will continue to receive letters in the current format which lists all of their benefits. Please see Annex C for more details.

The Government will review whether to do away with hardcopy notification letters in future and only send notifications via SMS in order to go paperless and be more eco-friendly.

Who to contact for more information

Details on the GSTV can be found at www.gstvoucher.gov.sg, and information on the other Budget benefits can be found at www.singaporebudget.gov.sg.

If you require more information, the contact details are as follows:

SchemeTelephoneEmail
GSTV – Cash and Medisave Top-Ups1800-2222-888contactus[at]gstvoucher.gov.sg
SingPass6643-0555support[at]singpass.gov.sg

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