Extra Money For Seniors 2024. The money will be paid to seniors living in properties with an annual value of up to s$25,000, after the threshold was raised to that value from jan. To strengthen senior workers’ retirement adequacy, cpf contribution rates for senior workers aged above 55 to 70 years will be raised from 1 january 2024.
The ap seniors’ bonus will be disbursed over three years, from 2023 to 2025. Payments for december 2024 will be distributed by the cra on december 20.