The Pioneer Generation Package is a SGD8 billion package, launched in 2014, to honour elderly Singaporeans for their contributions to Singapore. The package would cover around 450,000 Singaporeans, aged 65 and above.[1]
Coverage
The package covers Singaporea living Singaporeans who meet 2 criteria: i. Aged 16 and above in 1965 (born on or before 31 Dec 1949, which also means they are aged 65 and above in 2014); and ii. Obtained citizenship on or before 31 Dec 1986. [2]
Payout
| Age in 2014 (Birth cohorts) | Amount per year (SGD) |
|---|---|
| 65-69 | $200 |
| 70-74 | $400 |
| 75-79 | $600 |
| 80 and above | $800 |
- ^ https://www.moh.gov.sg/content/moh_web/home/costs_and_financing/schemes_subsidies/pioneer-generation-package.html
- ^ http://www.singaporebudget.gov.sg/data/budget_2014/download/annexb1.pdf
- ^ http://www.singaporebudget.gov.sg/data/budget_2014/download/annexb1.pdf