How is the Large Families Scheme different from the Baby Bonus Scheme?

The Large Families Scheme builds on existing marriage and parenthood support such as the Baby Bonus Scheme. The Large Families Scheme provides parents with an additional $16,000 in support ($5,000 via the Large Family MediSave Grant, a $5,000 increase in Child Development Account First Step Grant, and $1,000 annually in Large Family LifeSG Credits to families for each eligible third or subsequent Singapore Citizen child, in the years that the child turns 1 to 6).
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