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What is ElderFund?

Updated by MOH

ElderFund is a new discretionary assistance scheme, officially launched in end Jan 2020. It is targeted at assisting lower-income Singapore Citizens aged 30 and above, who have developed severe disability and are not able to benefit from CareShield Life, ElderShield and Interim Disability Assistance Programme for the Elderly (IDAPE), and have low MediSave balances and inadequate personal savings to meet their long-term care needs.

Eligible Singapore Citizens can receive up to $250 in monthly cash payouts for as long as they are unable to do three or more Activities of Daily Living (ADLs).

This information is sourced from MOH.

Topics:

ElderFund

Related questions

If I do not have enough MediSave balance, but am able to draw from my spouse's MediSave for MediSave Care, can I still qualify for ElderFund?

moh

I am below 30 and develop severe disability. Why can't I receive ElderFund now since I do not qualify for CareShield Life yet?

moh

If I am a beneficiary of other financial assistance schemes, will I be automatically included for ElderFund if I have developed severe disability?

moh

How was the payout amount of $250/month decided for ElderFund?

moh

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