ElderFund has stringent financial criteria, as it is intended to act as a safety net, for needy Singaporeans who require financial assistance to pay for their out-of-pocket costs for long-term care. It is also designed to be discretionary, to provide flexibility in accommodating various financial circumstances. As such, if you wish to receive ElderFund payout, you will need to submit an application for ElderFund, to facilitate a holistic assessment of your eligibility for ElderFund.

This information is sourced from MOH