
$70,000 Per Child: What Singapore's New Family Package Actually Changes - E726
- Conversation
Jeremy Au and Shiyan Koh take apart Singapore's new SG Child Support Package: almost $70,000 per Singaporean child paid out over 17 years, more childcare leave, and preschool fees heading towards $150 a month. Jeremy on why the number only means anything relative to income. Shiyan on why the preschool change matters most. Whether the extra leave actually gets taken, or quietly costs you at work. And the change nobody articulated: every Singapore Citizen child now qualifies regardless of their parents' marital status. Plus nuclear, transhipment, and their wishlist for the next...
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I think for somebody who earns $70,000 or maybe less,
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Is this episode right for you?
B2 · Upper-intermediate
Comfortable if you already follow TV news
- 82% of the words are B1 or easier.
- 182 words a minute: natural, fairly fast speech.
- 221 harder words (B2 and up) in the whole episode.
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$70,000 for somebody who is of high income is a nice bonus or sweetener. I think for somebody who earns $70,000 or maybe less, this is equivalent to one year's compensation or two years or even three years' compensation. The question on whether it drives the result they want,
which is reversing the slide in total fertility rate, I don't know. I think that's an open question. I feel like this policy change is huge, but I don't think they've really articulated it. Singapore's Prime Minister Lawrence Wong has announced a package of childcare benefits to support families
as the Lion City grapples with a record low birth rate and rising concerns over the cost and pressures of raising children. We have several different schemes and ways to support parents. Every Singaporean child will receive almost $70,000 in direct financial support as they grow up.
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