Can Silver Support be paid on a monthly basis instead of a quarterly basis?
Silver Support (SS) payments are made ahead of the quarter, as shown below:
|
Eligibility period |
Payment Date |
|
January - March |
31 December of the preceding year |
|
April - June |
31 March |
|
July - September |
30 June |
|
October - December |
30 September |
Paying ahead in 3-month tranches gives the recipients greater flexibility to manage their expenses. Monthly payments will reduce such flexibility.
This information is sourced from CPF
Need more help?
Get in touch