The Child LifeSG Credits will be issued from July 14 to families with children born between 2014 and 2025, Singapore’s Ministry of Social and Family Development announced on Monday.
Families with children born this year will receive the credits in April 2027, the ministry said, adding that they will be automatically credited to the eligible child’s Child Development Account trustee with no applications required.
The latest credits were announced by Prime Minister Lawrence Wong in February and follows the S$500 Child LifeSG Credits top-up distributed to more than 450,000 children last year, The Straits Times reported.
They were part of measures to assist families with the cost of raising children, which also included higher household income ceilings for several childcare subsidy schemes.
People relax on an outdoor deck as the sun sets in Marina Bay in Singapore on Monday, June 14, 2021. Photo by Joseph Nair via Reuters |
Starting next year, the income ceiling for the Infant and Childcare Additional Subsidy Scheme and the Kindergarten Fee Assistance Scheme will rise to S$15,000 from S$12,000, while that for the Student Care Fee Assistance Scheme will increase to S$6,500 from S$4,500, according to AsiaOne.
“Many young couples hope to become parents. We want to create the right conditions, so they feel confident and ready to start a family,” Wong said while announcing the national budget in February, as quoted by Channel News Asia.
“The decision to get married and have children is deeply personal. But for those who wish to take the step, the government will do more to support them along the way.”
Besides child-raising support, the government is giving eligible Singaporean households living in public flats S$110-190 (US$86-148) in U-Save utility rebates and up to one month of service and conservancy charges rebates this month to help offset living costs.
Eligible adults will also receive cash payouts of up to S$850 next month under a scheme designed to help lower- and middle-income citizens cope with the Goods and Services Tax and daily expenses.
Singapore was ranked the world’s second-richest country by GDP per capita in 2025, according to The Economist.
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