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How was the payout amount of $250 a month decided? Will the amount increase over time?
The payout is set to help lower-income Singaporeans with basic long-term care needs, and is similar to IDAPE’s payout. The government will review the scheme to ensure it stays relevant.
If you still need help with your care costs after tapping on various Government subsidies, you can apply for financial assistance through Government-funded safety nets such as MediFund or ComCare.
Please click here for more information on ElderFund.
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