Under the Large Families Scheme, which was announced by Prime Minister Lawrence Wong last year, families receive additional benefits worth up to S$16,000 (US$12,427) for their third and any subsequent Singaporean children born on or after Feb. 18, 2025.
The support package offers immediate and long-term financial relief through several different channels. It includes a S$10,000 top-up to the child's Child Development Account (CDA). These funds can be used for eligible preschool and healthcare expenses incurred by either the child or their siblings.
People gather on a pier near Marina Bay Sands in Singapore in 2021. Photo by Unsplash.
Families also receive a S$5,000 Large Family MediSave Grant. This is credited directly to the mother's MediSave account and comes in addition to the standard S$5,000 grant already given to all Singaporean newborns. The grant can be used to cover pregnancy and childbirth-related costs, as well as approved medical expenses for dependents.
Finally, eligible children receive S$1,000 annually in Large Family LifeSG Credits from ages one to six. These credits are meant to ease the burden of everyday household expenses, including groceries, utility bills, and transportation costs.
