S'poreans to get letters on growth dividends & other payouts
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S'poreans to get letters on growth dividends & other payouts
Posted: 05 April 2011 1715 hrs
SINGAPORE: From 5 April, 2.5 million Singaporeans will receive letters from the government informing them of the amount of Growth Dividends, CPF Medisave top-ups, Workfare and personal income tax rebates they will individually receive this year.
The letter will also contain information on other household benefits they will receive from Budget 2011. The majority of Singaporeans will receive their letters by the end of this week.
The "Grow & Share" Package, together with other benefits in Budget 2011, will help Singaporeans cope with higher costs of living this year. Most lower- and middle-income Singaporean households will receive benefits that are much larger than the increase in the cost of their household baskets this year.
A typical lower-income two generation household living in a 3-room HDB flat will receive benefits of about S$3,500, which is significantly more than the cost increases they are expected to face. This is true also for a typical middle-income three-generation household living in a 5-room HDB, who will receive benefits of about S$4,000.
Singaporeans will receive S$2 billion in Growth Dividends and CPF Medisave top-ups on 1 May.
Further information on the "Grow & Share" package, including a calculator that will enable Singaporeans to know how much household benefits they should receive, is available on www.growandshare.gov.sg or by calling 1800 2222 888.
- CNA/ir
Source:
http://www.channelnewsasia.com/stories/singaporelocalnews/view/1120804/1/.html -
Give out cash our into our cpf?
Into CPF, no use for the people.
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Originally posted by Junyang700:
S'poreans to get letters on growth dividends & other payouts
Posted: 05 April 2011 1715 hrs
SINGAPORE: From 5 April, 2.5 million Singaporeans will receive letters from the government informing them of the amount of Growth Dividends, CPF Medisave top-ups, Workfare and personal income tax rebates they will individually receive this year.
The letter will also contain information on other household benefits they will receive from Budget 2011. The majority of Singaporeans will receive their letters by the end of this week.
The "Grow & Share" Package, together with other benefits in Budget 2011, will help Singaporeans cope with higher costs of living this year. Most lower- and middle-income Singaporean households will receive benefits that are much larger than the increase in the cost of their household baskets this year.
A typical lower-income two generation household living in a 3-room HDB flat will receive benefits of about S$3,500, which is significantly more than the cost increases they are expected to face. This is true also for a typical middle-income three-generation household living in a 5-room HDB, who will receive benefits of about S$4,000.
Singaporeans will receive S$2 billion in Growth Dividends and CPF Medisave top-ups on 1 May.
Further information on the "Grow & Share" package, including a calculator that will enable Singaporeans to know how much household benefits they should receive, is available on www.growandshare.gov.sg or by calling 1800 2222 888.
- CNA/ir
Source:
http://www.channelnewsasia.com/stories/singaporelocalnews/view/1120804/1/.html
Yes, time to help the poor only once in 5 years.
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counting down: 25 days
Share with you guys a nice song while waiting for the 25 days of counting....
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Yay! PAP forever!
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HOR-SAY-LIAOZ-LAH
can book air tiket oready.
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wah na bei...how much is everybody's package? Mine is $400. Dad's one is $400 and $400 to CPF. When PM first announced the budget, he said we would get up to $800. Now I realise my one is $400, it reminds me of those tacky sales promotion.
Think: "Up to 80% off" and then you walk in to find that most things are 10% off with one item that's 80% off. Technically, they're not wrong. Morally, questionable.
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Honestly, I am just happy to pay alot less income tax this year and next. Govt giving out money, is just a bonus.
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ohh yeahhhh that's good news. i'm gonna use 30 bucks from that money on the entrance fee for the bloody expensive ArtsScience museum.
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hohoho the nightmare begins after the polls~
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WoOhOO!!! 5rm + N.s Men= $700. But Im still gonna vote for the Oppositions!!!!
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duplicate
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Originally posted by Rock^Star:
wah na bei...how much is everybody's package? Mine is $400. Dad's one is $400 and $400 to CPF. When PM first announced the budget, he said we would get up to $800. Now I realise my one is $400, it reminds me of those tacky sales promotion.
Think: "Up to 80% off" and then you walk in to find that most things are 10% off with one item that's 80% off. Technically, they're not wrong. Morally, questionable.
I think there's too many working adults in your family. Try to persuade all except 1 to quit or change their job 4 years later before they start paying the package again.
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Gonna buy a Seiko watch for myself using that money
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Get hong bao vote Opposition !!!
The best way.
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Originally posted by Rock^Star:
wah na bei...how much is everybody's package? Mine is $400. Dad's one is $400 and $400 to CPF. When PM first announced the budget, he said we would get up to $800. Now I realise my one is $400, it reminds me of those tacky sales promotion.
Think: "Up to 80% off" and then you walk in to find that most things are 10% off with one item that's 80% off. Technically, they're not wrong. Morally, questionable.
Elite class citizen spotted.
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5 years later, i want $2000 per person. If the election round every 2 years and every one gets more and more angpow, then i sure vote PAP.
Come and buy my vote
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I am more concern how much will they take back after G.E
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You want more goodies, you should vote opposition.
Then the incumbent will have to treat you nicer the next time election comes along.
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Originally posted by Lazybumy:
I am more concern how much will they take back after G.E
Transport costs go up and down according to GDP growth, if i am not wrong, 14.5% last year. So bus fares to go up 13 cents to 20 cents?
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Originally posted by Rock^Star:
wah na bei...how much is everybody's package? Mine is $400. Dad's one is $400 and $400 to CPF. When PM first announced the budget, he said we would get up to $800. Now I realise my one is $400, it reminds me of those tacky sales promotion.
Think: "Up to 80% off" and then you walk in to find that most things are 10% off with one item that's 80% off. Technically, they're not wrong. Morally, questionable.
"up to" means the possible maximum but it is not applicable to everyone/everything.
Learn to read between the lines.
Unless the PM said "everyone will get $800 each", then that's a different story.
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He could have said $300 to $800. Then again, a politician's word can hardly be trusted. To score that political salvo, they mention the highest possible $800.
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Originally posted by Rock^Star:
He could have said $300 to $800. Then again, a politician's word can hardly be trusted. To score that political salvo, they mention the highest possible $800.
It is a technique to hide the lowest (weakness) while highlighting only the highest (strongest).
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Originally posted by Junyang700:
Elite class citizen spotted.
probably a 5 rm flat... -
Take the goodies and dont spend, stand by for any increase that is coming soon to you. You need to pay back.