SINGAPORE: Parents with three or more young children will receive S$1,000 (US$778) in LifeSG credits from Wednesday (Sep 10), as part of Singapore’s efforts to support large families.
The LifeSG credits are for each third and subsequent Singaporean child, aged one to six this year.
Each eligible child will receive S$1,000 each year until he or she turns six years old.
The initiative was first announced by Prime Minister Lawrence Wong at Budget 2025, under the new Large Families Scheme that includes a doubling of the CDA First Step Grant to S$10,000.
Announcing the timeline for the disbursement of Life SG credits, the Ministry of Social and Family Development (MSF) said on Wednesday that the first payouts will be made from Sep 10 for families with a third and subsequent child born between Jan 1, 2019 and Dec 31, 2024.
“Subsequent disbursements will be made in April annually, with the next disbursement in April 2026 for children born between 2020 to 2025,” said MSF.
The parent who is the trustee of an eligible Singaporean’s Child Development Account (CDA) will automatically receive the credits, which can be accessed via the LifeSG app.
Recipients will be notified via SMS once the LifeSG funds have been credited.
“To safeguard against scams, SMS notifications sent to parents will only be from ‘gov.sg’,” MSF said. “The SMS notifications will only contain information on the status of disbursements.”
CDA trustees should also ensure that the mobile number in their Singpass profile is accurate to receive these notifications.