S'porean children aged 12 & below to get S$500 Child LifeSG Credits: Budget 2026

Every Singaporean child aged 12 and below will receive S$500 LifeSG credits in 2026.

This will help parents defray their day-to-day household expenses, Prime Minister Lawrence Wong said during his Budget 2026 speech in Parliament on Feb. 12.

S$500 LifeSG Credits

The credits for children aged one to 12 in 2026 (those born between 2014 to 2025) will be disbursed in July 2026.

The credits for children born in 2026 will be disbursed in April 2027.

For more information, one can visit this website.

Enhanced support for lower- and middle-income families

"We will continue to keep preschool and student care affordable, to support the critical early years of a child's development," said PM Wong.

As part of enhancements to means-tested subsidies for lower- and middle-income families, the monthly household income threshold for means-tested preschool subsidies will also be raised to S$15,000 from the start of next year.

This will benefit over 60,000 families.

Eligible parents, including those who qualified previously, will also be able to receive more in infant care and childcare subsidies.

Additionally, support for student care will be strengthened, PM Wong affirmed.

Similarly, the monthly household income threshold for Student Care Fee Assistance will be raised to S$6,500 to allow more families to qualify.

The government will also be undertaking a comprehensive assessment of the student care sector, to study how to better meet the caregiving needs of families with primary school-aged children.

Live updates of Budget 2026

Top photo from Desmond Lee/Facebook