S$200 LIFE SG CREDITS FOR NSMEN IN NOVEMBER 2024
In November 2024, a significant initiative will take place as 1.2 million past and present national servicemen (NSmen) in Singapore are set to receive S$200 in LifeSG credits. This move aims to acknowledge their vital contributions to the nation’s defense and security.
The announcement was made during the 2024 Budget presentation, with the Ministry of Defence (MINDEF) and the Ministry of Home Affairs (MHA) overseeing the progressive disbursement of these credits. Eligible NSmen can expect to receive the credits automatically through the LifeSG app by November 30, 2024.
These credits will remain valid for one year from the date they are issued, allowing NSmen to utilize them at various online and physical merchants that accept payments via PayNow UEN or NETS QR.
Who is Eligible?
The credits are available to all past and present operationally ready NSmen, as well as full-time national servicemen (NSFs). This includes those NSFs who enlist by December 31, 2024. However, NSFs who enlist after September 15, 2024, will receive their credits in December 2024.
This initiative not only serves as a token of appreciation for the service of NSmen but also aims to support them in their daily lives, providing a boost to their financial well-being.
Stay tuned for more updates and ensure you check your eligibility and the validity of your credits through the LifeSG app once they are disbursed.