To celebrate 60 years of independence, the Singapore Government is rolling out a bold, people-first initiative: the SG60 Vouchers. This isn't just a feel-good giveaway — it’s a S$2 billion economic boost designed to stimulate spending, strengthen local businesses, and offer relief to Singapore citizens amid rising living costs.

Starting July 2025:

• Singaporeans aged 60 and above will receive S$800
• Singaporeans aged 21 to 59 will receive S$600
• The vouchers will be valid until 31 December 2026
• Roughly 3 million people are expected to benefit

While the headline is about vouchers, the impact could ripple across retail, hiring, morale, and consumer behaviour. Here's how.

1. A Consumer Spending Surge in the Heartlands

The SG60 Vouchers can only be used at hawker centres, heartland merchants, and participating supermarkets — not online or overseas. This pushes over S$2 billion in direct spending back into Singapore’s local economy.

If even 75% of recipients redeem their vouchers, that injects over S$1.5 billion into small businesses and everyday merchants — providing a much-needed boost to hawkers, coffee shops, wet markets, and convenience stores.

For many micro-businesses in mature estates, this sudden wave of spending could offset rising costs, prevent closures, and support more stable hiring.

2. Retail, F&B and Logistics Will See Hiring Surges

📌 For Employers

Companies in retail, F&B, delivery, and stock replenishment can expect:

• Higher footfall in H2 2025
• More demand for seasonal and temp staff
• Greater need for customer service, cashiers, delivery drivers, and inventory handlers

For HR teams, now is the time to:

• Secure manpower early (especially for July–Dec 2025)
• Re-engage part-timers and retirees
• Explore shift flexibility to meet demand peaks

📌 For Workers

• Entry-level jobseekers, part-timers, and retirees may find short-term roles more available
• Roles in neighbourhood locations (minimarts, outlets, food stalls) will be in demand
• SG60 may indirectly raise disposable income, improving household financial resilience and spending confidence

3. Opportunity for Employer Branding & Staff Morale

Smart companies are already exploring how to integrate SG60 into their internal culture.

• Gifting matching vouchers to employees
• Creating “SG60 Staff Rewards” campaigns
• Organising company-wide local merchant challenges (e.g. spend $60 locally, get company perks)

Done well, this improves morale, encourages local loyalty, and creates goodwill among staff — particularly among those aged 40+ who may already be facing cost pressures or caregiving responsibilities.

4. Strengthening Digital and Community Inclusion

Like the CDC Vouchers, SG60 will be claimed via Singpass and used via RedeemSG’s QR code. This creates opportunities for:

• Digital upskilling among seniors and digitally less-savvy groups
• Community centres and volunteers to engage in public education
• More people becoming familiar with cashless payments, QR redemptions, and local fintech platforms

For professionals in payments, fintech, government service delivery, UX design, or outreach, this creates new opportunities to support inclusive digital access.

FAQs – SG60 Vouchers in Singapore

Q1: Who is eligible for the SG60 Vouchers?

All Singapore Citizens aged 21 and above in 2025. Those aged 60+ will receive S$800, and all others receive S$600.

Q2: When will the vouchers be released?

Seniors can claim from 1 July 2025. Citizens aged 21 to 59 can claim from 22 July 2025.

Q3: How do I claim and use the SG60 vouchers?

You’ll receive a Singpass notification. Vouchers can be used via QR codes at participating hawkers, merchants, and supermarkets. Those without digital access can collect printed versions from CCs.

Q4: Where can they be used?

At participating hawker centres, heartland shops, and major supermarkets already accepting CDC vouchers. Not valid for online or overseas purchases.

Q5: When do they expire?

The vouchers will expire on 31 December 2026.

Make SG60 Work for You — Whether You’re Hiring or Job Hunting

At Reeracoen, we help Singapore companies and professionals ride the waves of change — from policy-driven surges to long-term workforce shifts.

👉 For Employers: Find reliable frontline and logistics talent to meet your business needs
👉 For Job Seekers: Explore part-time, seasonal, or permanent roles that match your lifestyle

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References

SG60 Official Website – "https://www.sg60.gov.sg/budget-initiatives/sg60-vouchers/"
DollarsAndSense – “SG60: What Singaporeans Will Get In 2025” 
Business Times – “Seniors can claim SG60 Vouchers from July 1, others from July 22” 
Yahoo News – “How to claim and use SG60 vouchers” 
TeamDrift – “Singapore’s SG60 Vouchers Worth Up To $800”