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How many more times will the FAP take back from SGs after BE?

makapaaa

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[h=2]NEWS: S'poreans to receive S$400 Medisave top-up in March[/h]
S'poreans to receive S$400 Medisave top-up in March

Posted: 14 January 2013

SINGAPORE: Singaporeans will enjoy a one-off Medisave top-up of up to S$400 in March this year to offset adjustments to their MediShield or Integrated Shield Plan premiums.

This was announced by the government in Budget 2012 to alleviate concerns over premium affordability given the increase in premiums.

Health Minister Gan Kim Yong said this in a written reply to a question from Nominated Member of Parliament Mary Liew.

Ms Liew had asked whether the government will consider reviewing the cost and coverage of MediShield so that more elderly persons can be insured under the scheme.

Enhancements to MediShield will take effect from 1 March.

Among the changes - the policy year limit will be increased from S$50,000 to S$70,000, while lifetime limits will be raised from S$200,000 to S$300,000.

In his reply to Ms Liew, Mr Gan added that less well-off elderly Singaporeans will receive regular Medisave top-ups of up to S$450 a year through the GST Voucher for Medisave to help them with various healthcare expenses.

Ms Liew had also asked if the government will consider increasing the national healthcare budget so that the elderly will incur less out-of-pocket expenses.

Mr Gan said the yearly healthcare budget will be doubled from S$4 billion in 2011 to S$8 billion in 2016, as stated in last year's Budget.​
 
[h=2]NEWS: Singles to be allowed to buy new HDB flats this year: Khaw[/h]
Singles to be allowed to buy new HDB flats this year: Khaw

Posted: 14 January 2013

SINGAPORE: The National Development Ministry (MND) aims to implement its policy of allowing singles to buy new Housing and Development Board (HDB) flats for owner-occupation this year, said its Minister Khaw Boon Wan on Monday.

In a written reply to a question in Parliament, Mr Khaw said MND is "finalising" its policy. Currently, singles cannot buy new flats from HDB by themselves. They can, however, buy a resale flat if they are at least 35 years old.

Over the past decade, 18,000 singles aged between 35 and 40 bought HDB resale flats. Of these, 3,800 singles - or 21 per cent - got married subsequently, said Mr Khaw.

In a separate parliamentary reply, Mr Khaw said the minimum age of 35 for singles to buy new flats "supports our promotion of marriage and parenthood".

"We will be revising our policies to allow singles to buy new HDB flats with certain restrictions. However, there are no plans to lower the minimum age, as marriage rates are highest between the ages of 25 and 34," he added.​
 
Yesterday 11:05 PM #4
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<DL class=userinfo_extra><DT>Join Date <DD>Jan 2007 <DT>Posts <DD>1,547 </DD></DL>
PRs who get married but have no children can buy HDB resaale flats

However, citizens who are single cannot buy even buy resale HDB before they turn 35.

We have some really weird policies​
 
First-time buyers of HDB flats typically use about 30% of their monthly incomes to service their housing loans, Minister for National Development Khaw Boon Wan said in a written anwer to Member of Parliament Pritam Singh's question on what percentage of monthly income does HDB flat buyers fork out for BTO flats in mature estates.


They will have a flat but have little in their retirement savings.
 
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