Wednesday, 12 Mar 2014
The Pioneer Generation Package is the highlight of this year's Budget. Everyone born on or before 31 Dec 1949 and who also became Singapore citizens before 1987 will enjoy lifelong benefits under the Pioneer Generation Package:
• 40% - 60% MediShield Life premium subsidies;
• 50% discount at Specialist Outpatient Clinics and polyclinics
• Annual Medisave top-ups of $200 to $800
• Automatic qualification for Enhanced Community Health Assist Scheme card which can be used at private clinics
Finance Minister Tharman Shanmugaratnam allocated S$8 billion to set up the Pioneer Generation Fund, which with cumulative interest, will provide more than $9 billion to safeguard the resources required for the lifelong welfare of the pioneer generation. By doing so, it will also not burden future Budgets and younger generations.
Commemorating the sacrifices of Singaporeans is about upholding their values of courage, resilience, loyalty, and faith in Singapore.
Singapore's budget, like any budget, is about how to generate income, what to spend on, and how to do so responsibly - for both the present and the long term.
Denise Phua shares her views on education policy, tuition and the role of teachers.
MP for Pasir Ris-Punggol GRC talks about his transition into politics, 'rules' for ministers, and playing football with opposition MPs.
Once we were an island of squatters and slums. Today, over 80% of our people live in good quality HDB flats.
She says it is her role to raise ground-level issues so that policy makers have the necessary input.
Chan Chun Sing says he hopes Indonesian leaders will not sacrifice bilateral relations to domestic politics or through carelessness.
It is our right to state categorically that this very act reflects callousness and disrespect: Tan Chuan-Jin.