Pioneer Generation Package

The Pioneer Generation Package is a SGD9 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, over a 20 year period. The package does not cover Singaporeans who are aged 65 after 2014 (born in or after 1950) or obtained citizenship on or after 1 Jan 1987.[1]

Coverage

The package covers Singapore living Singaporeans who met these two 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);

ii. Obtained citizenship on or before 31 Dec 1986.[2]

References

  1. ↑ https://www.moh.gov.sg/content/moh_web/home/costs_and_financing/schemes_subsidies/pioneer-generation-package.html
  2. ↑ http://www.singaporebudget.gov.sg/data/budget_2014/download/annexb1.pdf
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