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Good news for Singaporean as announced by Deputy Prime Minister Heng Swee Keat, the government will be giving more cash to all families to help them cope if their livelihoods are affected during this uncertain period of the fight against Covid-19.<\/p>\n
This was discussed in parliament on Thursday, March 26 where our finance minister announced that he will enhance the Care and Support Package previously announced in Budget 2020. With the enhancements estimated to cost about S$3 billion, up from S$1.6 billion, the Care and Support Package measures will now cost the government a total of about S$4.6 billion<\/p>\n
Here are the full details of the cash payout:<\/p>\n
The one-off Care and Support \u2014 cash payout, announced at Budget 2020, will be tripled for all Singaporeans aged 21 and above in 2020, Heng said. This means each eligible citizen will receive S$900, S$600 or S$300, depending on their income. Those who own more than one property will receive S$300 regardless of their income.<\/p>\n
Families with young children will entitled for benefit as well. Parents with at least one Singaporean child aged 20 and below in 2020, will each receive an additional S$300 in cash.<\/p>\n
The S$100 PAssion Card top-up for Singaporeans aged 50 and above as part of Budget 2020 will be given in cash instead. The change was in view of the need for safe distancing during the Covid-19 period.<\/p>\n
Eligible Singaporeans need not redeem the cash in person, as the S$100 will be deposited directly into their designated bank account, together with their Care and Support \u2014 Cash payout.<\/p>\n
To further help needy Singaporeans with their daily expenses, Heng will be tripling the grocery vouchers given to them in 2020, from S$100 to S$300.<\/p>\n
This means Singaporeans aged 21 and above who live in 1-room and 2-room HDB flats will receive an additional S$200 of grocery vouchers in 2020.<\/p>\n
In total, they will receive S$400 in grocery vouchers \u2014 S$300 in 2020, and S$100 in 2021. These grocery vouchers can be used at NTUC FairPrice, Giant and Sheng Siong.<\/p>\n
Aside from that, young family could receive around S$2,900, 3-gen family can get up to S$6,700. These enhancements will allow a young family to receive around S$2,900, instead of S$1,300, under the Care and Support Package. A 3-generation family will receive about S$6,700, instead of S$1,800.<\/p>\n