Did uncle take the blue pill last night….?
And we thought it was the blue pill that had made our grandparents smiled this morning.
As it turned out, the government had announced that they and the pioneer generation would be getting Medisave top-ups in July as part of the Pioneer Generation Package.
About 440,000 seniors aged 66 will benefit and the top-up amounts for each pioneer will range from S$200 to S$800 annually.
The Pioneer Generation Medisave top-ups will come on top of the Medisave top-ups for older Singaporeans under the GST Voucher Scheme.
For example, a pioneer who is 71 in 2015 and lives in an HDB flat without owning a second property would receive a total of S$650 in Medisave top-ups in 2015 – S$400 from the Pioneer Generation Medisave top-up and S$250 from the GST Voucher.
The Pioneer Generation Package was introduced to honour pioneers for their contribution to Singapore.