Singapore legislation
Regulation 2
Regulation 2
Cash grant to be credited to Medisave account
Subregulation 1
For the purposes of section 16(1)(a) of the Act, the amount of cash grant to be credited to a Pioneer’s Medisave account each year is —
if the Pioneer has no pre-existing medical condition — the amount specified in the second, third or fourth column (as the case may be) of Part 1 of the First Schedule opposite the year in which the Pioneer was born; or
if the Pioneer has one or more pre-existing medical conditions — the amount specified in the second, third, fourth or fifth column (as the case may be) of Part 2 of the First Schedule opposite the year in which the Pioneer was born.
Subregulation 2
For the purposes of section 16(1)(a) of the Act, the amount of cash grant to be credited each year between 2019 and 2023 (both years inclusive) to a Merdeka Generation Senior’s Medisave account is $200.
Subregulation 3
For the purposes of paragraph (1), a Pioneer has a pre-existing medical condition if the Pioneer has a pre-existing medical condition in relation to his or her insurance cover under the MediShield Life Scheme under section 2(2) of the MediShield Life Scheme Act 2015.