Budget 2014: Top 20 measures

Budget 2014: Top 20 measures

A fair and equitable society

1. $8 billion Pioneer Generation Package

Medisave top-up of $200 to $800 a year.

MediShield Life premium subsidy from 40 per cent to 60 per cent.

Extra 50 per cent off subsidised outpatient bill.

Disability assistance of $1,200 a year.

2. CPF

Employers: One percentage point more to Medisave from next year; 0.5 to one percentage point more to Special Account for those aged above 50 to 65.

Workers aged above 50 to age 55: 0.5 percentage point more to Ordinary Account.

3. Education

Kindergarten: Subsidy raised to up to $160 monthly for low-income households, and extended to the middle-income.

Primary school: 40 more student care centres over two years.

Institute of Technical Education, polytechnics and universities: Higher bursaries, campus-based offices to support special needs students.

4. People with disabilities

$32 million in subsidies for early intervention programmes.

$24 million in subsidies for bus, train, taxi and dedicated transport services.

5. Tax relief for dependants

Up to $2,000 more in parent tax relief, up to $3,000 more for parents with disabilities; relief can now be shared among family members.

$2,000 more in tax relief for other dependants with disabilities.

More about

Purchase this article for republication.
Your daily good stuff - AsiaOne stories delivered straight to your inbox
By signing up, you agree to our Privacy policy and Terms and Conditions.