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June’s $760 Cost of Living Payment Cancelled? What the Government Just Revealed

The June 2025 $760 Cost of Living Payment is not canceled and remains an important part of Singapore’s ongoing efforts to provide financial relief to households. With U-Save rebates, Cost of Living payments, and other targeted support, the government is helping lower- and middle-income families cope with rising utility costs. For more information, visit the official Singapore Government website.

By Anthony Lane
Published on

In recent months, many Singaporean households have eagerly awaited the government’s announcements regarding cost of living relief measures. Among these are the well-known U-Save rebates, which provide financial relief to lower- and middle-income families by offsetting utility bills. However, there has been some confusion about the June 2025 $760 Cost of Living payment, with rumors circulating about its cancellation. In this article, we will take a closer look at this payment, whether it’s been cancelled or not, and the broader context of government efforts to support residents facing rising costs of living.

June’s $760 Cost of Living Payment Cancelled? What the Government Just Revealed

What is the June 2025 Cost of Living Payment?

In Singapore, the government has introduced a range of rebates, grants, and subsidies to ease the financial burden on residents, particularly those from lower-income households. The Cost of Living payment is part of an ongoing initiative designed to help individuals and families manage the rising costs of essential services, especially utilities. In 2025, Singaporean households are eligible for an annual U-Save rebate worth up to S$760, which is distributed across quarterly payments.

However, this payment has recently come under scrutiny. There has been concern over whether these payments would continue, especially with talk of potential cancellations due to budgetary constraints or shifting priorities. Let’s dive into the details and separate fact from rumor.

June’s $760 Cost of Living Payment Cancelled

Key InformationDetails
What is the U-Save rebate?An annual rebate that helps offset utility costs for eligible households.
Amount of PaymentHouseholds can receive up to S$760 annually, distributed quarterly.
Who is Eligible?Singaporean households in public housing (HDB flats) are eligible.
When is the Payment Distributed?Payments are made quarterly, with specific amounts released in April, July, October, and January.
Has the Payment Been Cancelled?As of now, no official announcement has been made regarding the cancellation of these payments.
Official WebsiteSingapore Government Cost of Living Relief

To summarize, the June 2025 $760 Cost of Living Payment has not been canceled, and Singaporean households can expect to continue receiving this vital support to offset utility costs. These payments, along with the broader suite of U-Save rebates and other government programs, are part of Singapore’s long-term effort to ease financial pressure on residents, particularly those from lower-income households.

As the government continues to monitor economic conditions and respond with tailored support, it is clear that the U-Save rebate remains a central piece of the nation’s strategy to ensure that all Singaporeans can manage the cost of living.

Excerpt

The Role of the U-Save Rebate in Singapore’s Cost of Living Support

Before delving into the specifics of the 2025 payments, let’s take a step back and understand what the U-Save rebate is and why it matters. The U-Save rebate was introduced as part of the government’s broader GST Voucher (GSTV) scheme, aimed at offsetting some of the costs of living for Singaporeans.

This rebate is credited directly to eligible households’ utility accounts and serves to reduce the monthly expenses for water, electricity, and gas. For households living in HDB flats, the government provides these rebates on a quarterly basis. The amount depends on the flat type and household composition, with larger rebates given to families living in smaller flats.

In addition to the regular U-Save rebate, the government has introduced extra support measures, including a special Cost of Living U-Save payment and the Assurance Package.

The 2025 $760 Cost of Living Payment

In June 2025, Singaporean households were expecting a Cost of Living payment that would be part of the annual distribution of rebates. This amount would be $760 annually, with payments made quarterly. These payments were designed to help residents cover their increasing utility costs.

Rumors of cancellations have sparked concern among recipients. The reality is, as of May 2025, there has been no official statement from the Singapore government indicating that this payment has been cancelled. In fact, the government has made it clear that it intends to continue supporting households, especially those struggling with cost-of-living pressures.

Has the $760 Payment Been Cancelled?

The short answer is no—as of now, the June 2025 $760 payment has not been cancelled. In fact, the government has confirmed its commitment to providing financial relief through rebates and other targeted assistance.

The confusion likely stems from other news regarding adjustments to certain social support programs. The government regularly reviews its budgetary allocations, especially in response to changing economic conditions. However, any changes to payments like the U-Save rebate are typically announced well in advance, and there has been no indication that the $760 annual payment will be canceled.

Why Are These Payments Important?

The U-Save rebate is not just a random payment—it is a crucial part of Singapore’s strategy to ensure that its residents are not unduly burdened by rising living costs. As costs for utilities like electricity, water, and gas increase, many lower-income households would struggle to pay these bills without some form of government assistance.

By providing these rebates, the government can help residents save hundreds of dollars annually, which can be redirected toward other important needs, such as healthcare, education, or housing costs.

How Does the Payment Work?

If you are eligible for the U-Save rebate, you do not need to take any action to receive the payment. The amount will be credited directly to your SP Services account (for utility bills) or to your Service and Conservancy Charges (S&CC) account, depending on your household. The payments are made automatically, and recipients will be notified of the disbursements via official channels like email or SMS.

Breaking Down the Cost-of-Living Assistance in Singapore

Beyond the U-Save rebate, Singapore offers other support schemes designed to address cost-of-living challenges. These include:

1. GSTV U-Save

The GSTV U-Save rebate is available to Singaporean households and serves as a direct offset for utility bills. Each year, the amount varies depending on household composition and flat type. For example, larger households in smaller flats receive a higher rebate.

2. Cost of Living U-Save Payment

As mentioned earlier, this special payment is designed to address cost-of-living challenges that affect lower- and middle-income families. It is an additional payment beyond the standard U-Save rebate and is typically S$95 per quarter.

3. Assurance Package

The Assurance Package is a larger initiative aimed at providing comprehensive relief across various areas, including housing, healthcare, and utilities. It is designed to help lower-income individuals and families manage rising living costs.

Additional Financial Relief Initiatives in 2025

In addition to the U-Save rebate and Cost of Living payments, the government has introduced several other measures to support Singaporeans:

1. One-Time Assistance Vouchers for Elderly

Seniors aged 60 and above will receive a one-time SG60 Vouchers worth S$800. This initiative aims to reduce the financial burden for elderly Singaporeans, who often face higher living costs and are on fixed incomes.

2. SkillsFuture Jobseeker Support Scheme

For workers facing financial difficulty, especially those looking to reskill, the SkillsFuture Jobseeker Support Scheme offers up to S$6,000 in financial aid to eligible Singaporeans. This program encourages skills development and helps individuals transition to new career opportunities.

3. Enhanced Housing Grants

The government has also ramped up its housing grants for first-time homebuyers and lower-income families. These grants help ensure that affordable housing remains within reach for the population, even in the face of rising costs.

4. Public Transport Vouchers

Recognizing that commuting costs are an essential part of everyday expenses, the government has issued public transport vouchers for eligible households. This helps alleviate transportation expenses, which have seen an increase due to rising fuel prices and other factors.

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FAQs about June’s $760 Cost of Living Payment Cancelled

1. Who is eligible for the June 2025 Cost of Living Payment?

Eligible households must be Singaporean citizens living in HDB flats. The amount received depends on the flat type, with larger rebates going to those living in smaller flats.

2. How will I receive my payment?

The U-Save rebate and Cost of Living payment will be credited directly to your SP Services account or S&CC account. You don’t need to apply for the rebate; it is processed automatically.

3. Can I expect the payment to be canceled?

As of now, there is no indication that the $760 Cost of Living payment will be canceled. The government has made no official announcement to that effect.

4. What if I don’t receive my payment?

If you believe you are eligible but haven’t received your payment, you should contact SP Services or your Town Council for assistance. They can help clarify any issues or delays.

5. How can I track my U-Save rebate payments?

You can track your payments through your SP Services account. They provide a clear breakdown of when payments are made and the amounts credited.

Author
Anthony Lane
I’m a finance news writer for UPExcisePortal.in, passionate about simplifying complex economic trends, market updates, and investment strategies for readers. My goal is to provide clear and actionable insights that help you stay informed and make smarter financial decisions. Thank you for reading, and I hope you find my articles valuable!

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