Child Development Co-Savings (Baby Bonus) Scheme (2013)
Children bring joy to the family. The Baby Bonus Scheme, which was introduced on 1 April 2001, supports parents’ decision to have more children by helping to lighten the financial costs of raising children. This scheme is applicable only to married couples who are Singapore citizens. The Baby Bonus Scheme consists of two components – a cash gift and a Child Development Account.
Cash Gift (Part of Baby Bonus Scheme)
As part of the Marriage and Parenthood Package 2013, the cash gift quantum for children born on or after 26 August 2012 will be increased and the payment schedule will be revised and shortened. You will get a cash gift of up to $6,000 each for your 1st and 2nd child and $8,000 each for your 3rd and 4th child. The cash gift will be disbursed in 3 instalments over 12 months from the birth of your child, to help parents defray the new or additional expenses arising from your newborn. You will receive the first instalment (50% of the amount) within 3 week after we have received your completed forms, and the subsequent two instalments (25% each) when your child is approximately 6 and 12 months of age.
Child Development Account (CDA) for children eligible for Baby Bonus (Part of Baby Bonus Scheme)
The CDA is a special savings account that you open at any OCBC Bank or Standard Chartered Bank (Singapore) Limited branch for your child who is eligible for CDA. You can save in the CDA any time until 31 December in the year your child turns 12 years of age. The savings will be matched dollar-for-dollar up to the cap of $6,000 each for the first and second child, $12,000 each for the third and fourth child and $18,000 each for the fifth and subsequent child. The Government will match your savings in the following month.
The savings in the CDA may be used to pay approved expenses for all your children at Approved Institutions registered with the Ministry of Social and Family Development (MSF) under the Baby Bonus Scheme. These include child care centres licensed by MSF, kindergartens and special education schools registered with the Ministry of Education (MOE) or the Council for Private Education (CPE), early intervention programmes registered with the National Council of Social Service (NCSS) or SG Enable, healthcare institutions licensed under the Private Hospitals and Medical Clinics (PHMC) Act, pharmacies registered with the Health Sciences Authority (HSA), optical shops registered with the Accounting and Corporate Regulatory Authority (ACRA) and assistive technology devices providers registered with ACRA or known to either the Ministry of Health (MOH) or SG Enable.
The CDA savings can also be used to purchase MediShield or Medisave-approved private integrated plans for all your children.
Additional Infant Care and Child Care Subsidies (2013)
The child care and infant care subsidy is to help parents to defray some of the cost of child care fees and to ensure affordability and accessibility of child care services to all that require the services. This also supports all parents in spending time with their children, including singles parents.
Under the new subsidy framework, all parents with Singapore Citizen child will continue to receive a Basic Subsidy at the current rates for child care and infant care programmes. On top of the Basic Subsidy, families with a gross monthly income of $7,500 and below or Per Capita Income (PCI) of $1,875 and below will receive more support in the form of an Additional Subsidy. To be eligible for Additional Subsidy, mothers or single fathers will need to be working for 56 hours or more per month.
Under aged women (unmarried) who have decided to keep their baby and over 21 aged women who are not married and decided to keep their babies are eligible to apply for Basic and Additional Subsidies if they are able to provide supporting documents to verify their marital status and show that they have custody as well as care and control of the child. For under aged mothers, their parents’ or guardians’ consents are also required when their children apply for Basic and Additional Subsidies.
Paid Maternity Leave
Married working mothers are entitled to 16 weeks of Government-paid Maternity Leave at the birth of their Singapore Citizen child. Single (unmarried) mothers are not eligible for Government-paid Maternity Leave (GPML). However, they may be eligible for 8 weeks of maternity leave, which is employer-paid, if they are covered under Employment Act (EA).
Individuals and Families in Social and Financial Need (Dec 2013)
Know the various help offered for individuals and families in social and financial need.
See more at: http://www.ncss.org.sg
Attorney-General’s Chamber Singapore – Termination Pregnancy Act (Chapter 324)
(3) No treatment to terminate pregnancy shall be carried out by an authorised medical practitioner unless the pregnant woman –
(a) is a citizen of Singapore or is the wife of a citizen of Singapore;
(b) is the holder, or is the wife of a holder, of a work pass issued under the Employment of Foreign Manpower Act (Cap. 91A); or [30/2007 wef 01/07/2007]
(c) has been resident in Singapore for a period of at least 4 months immediately preceding the date on which such treatment is to be carried out, but this subsection shall not apply to any treatment to terminate pregnancy which is immediately necessary to save the life of the pregnant woman.
4. (1) No treatment for the termination of pregnancy shall be carried out –
(a) if the pregnancy is of more than 24 weeks duration unless the treatment is immediately necessary to save the life or to prevent grave permanent injury to the physical or mental health of the pregnant woman;
(2) For the purposes of subsection (1), the duration of the pregnancy shall be calculated from the first day of the last normal menstruation of the pregnant woman to the end of the 24th week or to the end of any week between the 16th and the 24th week, as the case may be, or the duration of the pregnancy may be ascertained by clinical examination.