Have a senior at home, or have senior relatives? Spread the word! Come July 2022, Pioneer Generation (PG) and Merdeka Generation (MG) are eligible for up to $900 in MediSave top-ups. The top-ups can be used to pay for MediShield Life and CareShield Life premiums, and other MediSave-approved insurance plans, hospitalization, day surgery and approved outpatient treatments.
Starting 2021, the Government has increased the annual MediSave top-ups from $200-$800, to $250-$900. Pioneer Generations seniors will continue to receive the annual top-ups for life.
Here are the amounts seniors born across different periods are entitled to:
For seniors aged 83 and above in 2022, they will receive more to help them with the higher MediShield Life premiums. This will be applicable until the year 2025.
In total, this particular iteration of top-up will cost the Government $270 million. Tech-savvy seniors who have downloaded and set-up their Singpass application will receive notifications about this top-up by 21st June 2022, and those without the application but have registered their mobile numbers with Singpass before 12th June 2022 will receive an SMS on the top-up amount. The remainder of the seniors will receive letters by the end of June 2022.
Since the PG and MG packages were launched, about 950,000 seniors have benefitted from these top-ups by the government. PG and MG MediSave top-ups are on top of the annual MediSave top-ups for Singaporeans aged 65 and above this year which falls under the GST voucher scheme.
Read other articles here:
- Renegotiate, Resign, Remain: All Roads Lead to Rome?
- ‘Chickening Out’: Malaysia’s Chicken Export Ban
- How would a four-day work week in Singapore look like?
A young Singaporean concerned about issues workers face. As humans, we spend a third of our lives sleeping and recharging, and another third for our personal life, and the last third at work (based on a 24-hr distribution). That’s why we should pay attention to issues surrounding work.
