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Wednesday, January 23, 2013

Higher subsidies to make child & infant care more affordable

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http://www.channelnewsasia.com/stories/singaporelocalnews/view/1249612/1/.html?utm_source=twitterfeed&utm_medium=twitter

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From April, lower and middle income families will enjoy higher government subsidies in child and infant care services under the Marriage and Parenthood Package announced on Monday.

All parents will continue to receive a basic subsidy at the current rate of S$300 a month for child care and infant care programmes. However, families with a gross monthly income of S$7,500 and below will receive an additional subsidy.

Eligible families using full-day programmes will see an increase in their current child care subsidies of at least S$100 and infant care subsidies of at least S$200, with lower income families receiving more.

For example, a lower income household with a monthly income of S$2,500 and below will get an extra S$440 for a basic full-day childcare programme. This will bring its total subsidy to S$740.

The additional subsidy will replace the Centre-Based Financial Assistance Scheme for Child Care (CFAC) which provides child care related financial assistance for families earning S$3,500 and below.

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