Pioneer Generation and Merdeka Generation Funds (Pioneer Generation and Merdeka Generation Benefits) Regulations 2015

No. S 195

Pioneer Generation Fund Act 2014

(ACT 43 OF 2014)

Pioneer Generation and Merdeka Generation Funds (Pioneer Generation and Merdeka Generation Benefits) Regulations 2015

In exercise of the powers conferred by section 27 of the Pioneer Generation Fund Act 2014, the Minister for Finance makes the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Pioneer Generation and Merdeka Generation Funds (Pioneer Generation and Merdeka Generation Benefits) Regulations 2015 and are deemed to have come into operation on 9 March 2015.

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Cash grant to be credited to Medisave account

2.—(1) For the purposes of section 16(1)(a) of the Act, the amount of cash grant to be credited each year to a Pioneer’s Medisave account is the amount specified in the First Schedule opposite the year in which the Pioneer was born.

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(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.

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Cash grant for disability

3.—(1) For the purposes of section 16(1)(b) of the Act, the amount of cash grant to be payable to a Pioneer with disability is $100 every month, if the Pioneer satisfies the condition in paragraph (2).

(2) The Pioneer may be paid the cash grant under paragraph (1) if, in relation to the Pioneer’s substantial need for continuing support in activities of daily living, the Pioneer requires permanent support from any person in carrying out at least 3 of the following activities of daily living:

(a)	walking or moving on any level surface;
(b)	dressing;
(c)	washing or bathing;
(d)	feeding oneself food;
(e)	transferring from a chair to a bed, or vice versa;
(f)	toileting.

Cash grant to be credited to Merdeka Generation Senior’s PAssion Silver stored value card

3AA. For the purposes of section 16(1)(ba) of the Act, the amount of cash grant to be credited to a Merdeka Generation Senior’s PAssion Silver stored value card is $100.

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Prescribed insurance scheme

3A.—(1) For the purposes of section 16(1)(c) of the Act, the prescribed insurance scheme is the MediShield Life Scheme under the MediShield Life Scheme Act 2015 (Act 4 of 2015).

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(2) For the purposes of section 16(1)(c) of the Act, the maximum subsidy of the cost of any premium of the MediShield Life Scheme covering a Pioneer is, for each insurance period concerning the Pioneer, the percentage of that cost specified in the Second Schedule opposite the age that the Pioneer will attain on the relevant date.

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(2A) For the purposes of section 16(1)(c) of the Act, the maximum subsidy of the cost of any premium of the MediShield Life Scheme covering a Merdeka Generation Senior is, for each insurance period concerning the Merdeka Generation Senior, the percentage of that cost specified in the Third Schedule opposite the age that the Merdeka Generation Senior will attain on the relevant date, in addition to any other subsidy of the cost of any premium of the MediShield Life Scheme available to that Merdeka Generation Senior.

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(3) For the purposes of this regulation, the time at which a relevant beneficiary attains a particular age expressed in years is the corresponding anniversary of the date of that relevant beneficiary’s birth, except that where a relevant beneficiary was born on 29 February in any year, then, in any subsequent year, the anniversary of that relevant beneficiary’s birth is deemed to occur on 1 March of that subsequent year.

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(4) In this regulation —

“first insurance period” means so much of the period on or after 1 November 2015 and that is within 12 months starting on the date of the last commencement or renewal of a Pioneer’s insurance cover under the MediShield Scheme, which was replaced by the Pioneer’s insurance cover under the MediShield Life Scheme;

“insurance period”, means —

(a)

for a Pioneer, any of the following periods:

(i)

the first insurance period concerning the Pioneer, if any;

(ii)

a period of 12 months (whether subsequent to the first insurance period or otherwise) or a shorter period that applies under the MediShield Life Scheme Regulations 2015 (G.N. No. S 622/2015) or the MediShield Life Scheme (Private Medical Insurance Scheme) Regulations 2015 (G.N. No. S 623/2015), starting on the date the Pioneer’s insurance cover under the MediShield Life Scheme commences or is renewed; or

(b)

for a Merdeka Generation Senior, a period of 12 months or a shorter period that applies under the MediShield Life Scheme Regulations 2015 or the MediShield Life Scheme (Private Medical Insurance Scheme) Regulations 2015, starting on the date the Merdeka Generation Senior’s insurance cover under the MediShield Life Scheme commences or is renewed;

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“MediShield Scheme” means the medical insurance scheme called the MediShield Scheme referred to in section 53 of the Central Provident Fund Act (Cap. 36) as in force immediately before 1 November 2015;

“premium” has the same meaning as in regulation 8 of the MediShield Life Scheme Regulations 2015;

“relevant beneficiary” means a Pioneer or Merdeka Generation Senior, as the case may be;

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“relevant date”, in relation to the subsidy for a relevant beneficiary’s insurance period, means the relevant beneficiary’s next birthday falling after the first day of that insurance period.

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Maximum subsidy of cost of relevant health service

4.—(1) For the purposes of section 16(1)(d) of the Act, the maximum subsidy of the cost of any relevant health service, rendered or provided by any prescribed healthcare provider —

(a)	to a Pioneer, is 50% of that cost; or
(b)	to a Merdeka Generation Senior, is 25% of that cost.

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(2) Every prescribed healthcare provider must determine the cost of any relevant health service under paragraph (1) after deducting all or any other subsidies available to citizens of Singapore for that relevant health service.

List of prescribed healthcare providers

5. For the purposes of section 16(1)(d) and (2) of the Act, the prescribed healthcare providers are specified in the Pioneer Generation Package section and Merdeka Generation Package section of the Ministry of Health’s official website at http://www.moh.gov.sg.

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Made on 1 April 2015.

LIM SOO HOON

Permanent Secretary
(Finance) (Performance),
Ministry of Finance,
Singapore.

[B061.090.2914.V1; AG/LLRD/SL/230A/2013/2 Vol. 1]

(To be presented to Parliament under section 27(4) of the Pioneer Generation Fund Act 2014).

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