I am a Singapore Citizen born in 1979 or earlier and was covered under CareShield Life by 31 December 2024. How much CareShield Life participation incentives am I eligible for?
|
Birth Year |
Annual Participation Incentive |
Total Additional Participation Incentives for Merdeka Generation (MG) & Pioneer Generation (PG) seniors |
Total Participation Incentives over 10 years |
|
1975 - 1979 |
$50 |
N.A. |
$500 |
|
1970 - 1974 |
$100 |
$1,000 | |
|
1965 - 1969 |
$150 |
$1,500 | |
|
1960 - 1964 |
$200 |
$2,000 | |
|
Before 1960 |
$250 |
$1,500 |
$2,500 for non-MG and non-PG seniors |
|
$4,000 for MG and PG seniors |
|
Birth Year |
Annual Participation Incentive |
Total Additional Participation Incentives for Merdeka Generation (MG) & Pioneer Generation (PG) seniors |
Total Participation Incentives over 10 years |
|
1975 - 1979 |
$37.50 |
N.A. |
$375 |
|
1970 - 1974 |
$75.00 |
$750 | |
|
1965 - 1969 |
$112.50 |
$1,125 | |
|
1960 - 1964 |
$150.00 |
$1,500 | |
|
Before 1960 |
$187.50 |
$1,125 |
$1,875 for non-MG and non-PG seniors |
|
$3,000 for MG and PG seniors |
This information is sourced from CPF
Related questions
I am born in 1979 or earlier. Can I choose to receive the CareShield Life participation incentive as one lump sum?
Why is my participation incentive $0 for my CareShield Life premiums?
I am an existing ElderShield/ElderShield Supplement policyholder. Do I have to join CareShield Life?
I am born in 1979 or earlier. Can I opt out from the CareShield Life scheme after joining (e.g. if I cannot afford the premiums)?
