From the date of application, the individual must meet the following eligibility criteria: 

• Singapore Citizen or Permanent Resident aged 21 and above.

• Earned an average gross monthly income of $5,000 or less in the last 12 months (excluding employer CPF contributions). This includes only the period(s) where the individual is employed and earning an income. 

• Was previously employed in Singapore for at least six months in the past 12 months. 

• Became unemployed due to involuntary reasons such as retrenchment, cessation of business, dismissals or termination due to illness, injury or accident. 

• Reside in a property in Singapore with Annual Value of $31,000 or less. 

• Has not received a payout from this scheme in the past three years.