Singapore Budget 2019: S$20/mth more for Singapore Allowance and monthly pension ceilings

Angela Tan
Published Mon, Feb 18, 2019 · 08:59 AM

TO help government pensioners who draw lower pensions, the Singapore government will increase the Singapore Allowance and monthly pension ceilings by S$20 a month each to S$320 and S$1,250 respectively.

Finance Minister Heng Swee Keat told parliament on Monday that this would benefit about 9,300 pensioners.

For all of our Singapore Budget 2019 coverage, news, analysis, and infographics visit bt.sg/budget19

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here