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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:
PAYMENT SCHEDULE
Silver Support (SS) is paid out every quarter
You will start receiving payments in the quarter you turn age 65.
| Eligibility period | Receive SS benefit in your bank account or via GovCash | |
|---|---|---|
| PayNow-NRIC / Bank Crediting | GovCash | |
| January to March | Last week of December of the preceding year | 31 December of the preceding year |
| April to June | Last week of March | 31 March |
| July to September | Last week of June | 30 June |
| October to December | Last week of September | 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.
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