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I am @ Your Say » Blog Us Register     Login     22 Nov 2008
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Articles from The Singapore Dad
20/08/2008
Enhanced Baby bonus
By The Singapore Dad @ 10:40 PM :: 1942 Views :: 76 Comments ::

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

======================================

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

Age when child becomes a Singaporean

Amount of Cash Gift for 1st or 2nd Child

Amount of Cash Gift for 3rd or 4th Child

Before 6 months old

$4,000

$6,000

6 or more months old but before 12 months old

$3,000

$4,500

12 or more months old but before 18 months old

$2,000

$3,000

18 or more months old but before 24 months old

$1,000

$1,500

Beyond 24 months old

Nil

Nil


Amount of Pro-rated Matching Government Contribution (CDA)

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

Before 1 year old

$6,000

$12,000

$18,000

1 year old or more but before 2 years old

$5,000

$10,000

$15,000

2 years old or more but before 3 years old

$4,000

$8,000

$12,000

3 years old or more but before 4 years old

$3,000

$6,000

$9,000

4 years old or more but before 5 years old

$2,000

$4,000

$6,000

5 years old or more but before 6 years old

$1,000

$2,000

$3,000

6 years old or more

Nil

Nil

Nil

 
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