| 4.31 Let me illustrate how the
Progress Package will benefit some typical Singaporean
families. An elderly couple in their 60s, retired
with no children and living in a 3-room flat,
will receive $3,300. A family of four living in
a 4-room flat, with two parents in their 50s,
the father an ex-national serviceman earning $1,500
a month, the mother a housewife, the son serving
National Service and the daughter in secondary
school, will receive a total of $3,780. The daughter
will also benefit from her school’s Opportunity
Fund, through subsidised enrichment activities.
4.32 Notification letters will be sent out in
late March to all Singaporeans informing them
of the total amount that they can expect under
the Progress Package. To accept this Package,
all they need to do is to sign up through ATMs,
the website or hard copy forms. Singaporeans can
look forward to receiving their Growth Dividends,
Workfare Bonus and 40th Anniversary
NS Bonus, and the CPF top-ups on 1 May 2006.
4.33 In total, the Government will share $2.6
billion with Singaporeans under the Progress Package.
Every citizen will benefit. This package will
help us achieve our social objectives of helping
the lower-income groups, looking after the elderly,
investing in the young and recognising the efforts
of our NSmen.
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