| Last year, we topped up the Medisave
account of Singaporeans to emphasize the key role of
Medisave in providing for the medical needs of citizens.
To further assist Singaporeans to build up their Medisave,
the Government will pay $100 into the account of every
Singapore citizen between 21 and 59 years of age, and
$200 into the account of every citizen aged 60 and above.
The larger quantum for the senior citizens is in recognition
of their contributions towards nation building, their
lower accumulation of Medisave during their working
years, and also their greater medical needs. The payment
will be made on 1 October 1997. This is expected to
cost the Government $227 million. |
