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| 20/08/2008 |
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Enhanced Baby bonus
By The Singapore Dad @ 10:40 PM :: 1942 Views ::
76 Comments ::
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Latest update: The government has backdate the bonus to babies born on 17th Aug 2008! However, I still hope that pro-rated bonus can be applicable for our local babies. Please help our fellow singaporeans!
http://www.channelnewsasia.com/stories/singaporelocalnews/view/370462/1/.html
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Based on what I observed from the Marriage and Parenthood website, I can't help but notice that foreign children and adopted children are eligible to pro-rated bonus coming 1st Jan 2009. However, a normal singapore baby born today till 31st Dec 2008 are not eligible for pro-rated bonus. Why is there such a difference? I can't help but feel disappointed after getting excited watching the rally on TV by our PM. My wife will be delivering our baby boy coming next month and I really hope the government can revise this disparity in this trouble times.
http://fcd.ecitizen.gov.sg/MarriageNParenthoodPackage/FAQs/FAQs+on+Baby+Bonus.htm
Amount of Pro-rated Cash Gift
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Age when child becomes a Singaporean |
Amount of Cash Gift for 1st or 2nd Child |
Amount of Cash Gift for 3rd or 4th Child |
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Before 6 months old |
$4,000 |
$6,000 |
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6 or more months old but before 12 months old |
$3,000 |
$4,500 |
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12 or more months old but before 18 months old |
$2,000 |
$3,000 |
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18 or more months old but before 24 months old |
$1,000 |
$1,500 |
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Beyond 24 months old |
Nil |
Nil |
Amount of Pro-rated Matching Government Contribution (CDA)
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Age when child becomes a Singaporean |
Maximum Matching Government Contribution for 1st or 2nd Child |
Maximum Matching Government Contribution for 3rd or 4th child |
Maximum Matching Government Contribution for 5th or higher order child |
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Before 1 year old |
$6,000 |
$12,000 |
$18,000 |
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1 year old or more but before 2 years old |
$5,000 |
$10,000 |
$15,000 |
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2 years old or more but before 3 years old |
$4,000 |
$8,000 |
$12,000 |
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3 years old or more but before 4 years old |
$3,000 |
$6,000 |
$9,000 |
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4 years old or more but before 5 years old |
$2,000 |
$4,000 |
$6,000 |
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5 years old or more but before 6 years old |
$1,000 |
$2,000 |
$3,000 |
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6 years old or more |
Nil |
Nil |
Nil |
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