Gov responds to higher GST with Assurance Package.
Package aids low-moderate income households.
Assurance Benefit linked to GST and CPI.
SGD 1B for Assurance, SGD 600 general, and SGD 200 special payout in Feb 2024.
Seniors below SGD 34,000 income get SGD 600-900. Refer to table for disbursement.
Multiple property owners ineligible. Annual house value must be $S2100.