If you are looking for some help, there are a wide range of support schemes and grants available across the government to help you in times of difficulty or when you support government initiatives.
Benefits For Families
What You Can Get
For each Singaporean child born, you will receive cash of $6,000 for your 1st and 2nd child, and subsequently $8,000 for each of your 3rd and 4th child. This cash gift is disbursed over 4 installments in the first 18 months of the birth of your child.
To check if the child is eligible for Baby Bonus cash gift, Baby Support Grant and/or CDA benefits, you can use this Eligibility Checker Tool.
All Singaporean babies will qualify for the MediSave Grant for Newborns of $4,000. A CPF MediSave account will be opened for each newborn automatically, with the grant credited.
This is to support your child in his or her medical expenses such as MediShield Life premiums, vaccinations, hospitalisation, and approved outpatient treatments.
Your child (as a Singapore Citizen) will receive $3,000 upon the opening of the CDA First Step with any of the three banks (DBS, OCBC or UOB).
You can continue to save beyond this initial balance and enjoy dollar-for-dollar matching, up to the Government contribution cap in the CDA.
The CDA can be used for your child's medical and education needs at the List of Approved Institutions. Any unused balances from this account will be transferred to your child’s Post-Secondary Education Account (PSEA) when your child turns 13.
All Singaporean students will have an Edusave account where they receive government top-ups for educational use (i.e not a bank account where you can contribute to)
These contributions are made by the government in the following ways:
Government Annual Top-ups: Every February, between age 6 and 16
One-off Budget Top-ups: Amount depends on the Annual Value (AV) of your home
Edusave Awards and Scholarships - Students who have made significant achievements in school academically and non-academically are awarded with Edusave top-ups to their accounts.
This account consists of any unused funds from your child's Edusave and CDA account. The PSEA balance earns an interest of 2.5% per annum.
When your child reach the age of 30, any remaining funds your child have will be transferred to your CPF Ordinary Account (OA) which gives a higher interest rate of up to 3.5% and also can be used for his or her future needs (e.g. housing, education and healthcare).
Government-Paid Maternity Leave (GPML):
If you are a working mother, you can enjoy maternity leave under the GPML scheme. This will help provide sufficient time to recover from childbirth and care for newborns.
You may be able to get some financial aid especially if you are unemployed, on low income, or unable to work. See this guideon the various schemes available for employees and self-employed to get some financial support.
If you are an employee working under a contract of service and have worked for at least 3 months with your employer, you are entitled to annual leave as per the terms in your contract.
As an employee, you are entitled to paid sick and hospitalisation leave after at least 3 months of current employment and have informed your employer of your absence within 48 hours.
The number of days depends on your years of service - up to 14 days of outpatient sick leave and 60 days of paid hospitalisation leave (inclusive of the 14 days paid outpatient sick leave entitlement).
Maximum amount you can claim: Depends on your Medisave balance.
You can also top up your Medisave up to the Basic Healthcare Sum (currently $54,500) for future medical expenses and health insurance premiums.
You may be able to claim tax deductions of 2.5 or 3 times the amount of donations made from 2014 to 2021. You may find out more about the different types of donations and their respective tax deductibility.