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Baby Bonus Approved Institutions

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Eligible Businesses and Institutions

Any person who operates a business or institution under select categories is eligible to apply for participation in the scheme as an Approved Person (AP) and Approved Institution (AI).

Check your Eligibility
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Applying to become a Baby Bonus Approved Institution

If you are eligible and interested in becoming a Baby Bonus AI and AP, you can apply on the AI Portal.

No payment to MSF is required to join as a Baby Bonus AI and AP.

Apply to be an AI

Key responsibilities of a Baby Bonus Approved Person

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Verify the identity of the CDA trustee

APs must verify that withdrawals from the Child Development Account (CDA) are made by the CDA trustee for the benefit of the member or their siblings.

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Ensure proper use of CDA funds

APs must ensure that withdrawal of CDA funds are made for approved services or purchases only.

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Maintain CDA transaction records

APs must maintain CDA payment records for 3 years from the date of each transaction.

To learn more, please read the Key Roles and Responsibilities of a Baby Bonus Approved Person.

 

Baby Bonus Scheme

Parents and parents-to-be. Find out about Baby Bonus benefits and support for your child on LifeSG. Learn what your child is entitled to and how to apply.

Go to LifeSG