Child Development Co-Savings (Amendment) Bill

The Child Development Co-Savings (Amendment) Bill aims to amend the existing Child Development Co-Savings Act and related provisions in the Employment Act. The key points of the bill include:

• The introduction of benefits for parents of stillborn children, enabling them to qualify for certain supports, while clarifying policies on existing leave and benefits.
• The establishment of Government-paid adoption benefits for eligible adoptive mothers and paternity benefits for fathers, aimed at enhancing financial support for parents of Singapore citizen children.
• Streamlining the processes for determining payment limits and conditions for parental leave, allowing for flexible leave arrangements.
• New provisions for recovering misplaced payments or reimbursements, empowering authorities to investigate information related to claims and payments under the act.
• Related amendments to the Employment Act to align definitions and entitlements concerning paid leave and the rights of employees.