13,000 parents to receive $3,000 Baby Support Grant payout by July
Sign up now: Get ST's newsletters delivered to your inbox
The Baby Support Grant was extended to those who had babies between Oct 1, 2022, and Feb 13, 2023, at Budget 2023.
PHOTO: ST FILE
Follow topic:
SINGAPORE – Around 13,000 eligible parents will receive a $3,000 Baby Support Grant
The $3,000 grant was introduced during the Covid-19 pandemic as a temporary support measure for parents, over and above the Baby Bonus Cash Gift, to encourage couples to have children. It lasted from Oct 1, 2020, to Sept 30, 2022.
It was further extended at Budget 2023 to those who had babies between Oct 1, 2022, and Feb 13, 2023.
“We are configuring the IT systems to arrange for earlier payouts to parents,” said Ms Indranee in posts on her social media pages, adding that eligible parents will be receiving their notifications soon.
As part of a new package of measures announced at Budget 2023
This means that eligible first- and second-born children will receive $11,000, up from $8,000. And for the third child onwards, this will be increased from $10,000 to $13,000.
The funds will also be paid out over a longer period of time, until the child turns 6½ years old.
Currently, the Baby Bonus Cash Gift is disbursed in five instalments over the child’s first 18 months, to help defray child-raising costs during infancy.
The enhanced Baby Bonus Cash Gift will be paid out from early 2024.
Singapore’s total fertility rate