Singapore
By having two children, a middle-income Singaporean household may receive various incentives which are equivalent to S$166,000. For third and subsequent child, the household will get an additional S$8,000 as Baby Bonus and S$20,000 as Parenthood Tax Rebate.
Type of Incentives (for first & second child) | Benefits |
---|---|
Baby Bonus (Cash Gift) | S$12,000 |
Baby Bonus (CDA co-savings) | S$12,000 |
Parenthood Tax Rebate (PTR) | S$15,000 |
Infant Care & Child Care Subsidies | S$53,000 |
Maternity Leave per child (paid) | 4 months of which 1 week can be shared by the father |
Paternity Leave per child (paid) | 1 week |
Paid Child Care Leave per year per parent | 6 days until both children turn 7 or 2 days when children ages 7-12. |
Equivalent Amount (until both children turn 13) | S$166,000 |
Read more about this topic: Baby Bonus