PM Lee: NSmen will receive ‘hongbao’ this year in the form of vouchers
Posted by temasektimes on October 23, 2012
National Servicemen (NSmen) will be awarded for their contributions to the nation with a S$100m “hongbao” from the Singapore government to commemorate the 45th anniversary of National Service in the country, proclaimed Prime Minister Lee Hsien Loong.
Speaking at the celebrations at The Float @ the Marina Bay, Prime Minister Lee Hsien Loong said all NSmen will receive vouchers to enjoy a movie or meal with their family and friends.
In addition, Operationally Ready NSmen who are currently serving out their cycles, as well as those who have completed their cycles, will also receive a year’s free membership to SAFRA or HomeTeamNS.
“…the “hongbao” will cost the government S$100 million though the gestures will never fully compensate for their personal sacrifices,” PM Lee said.
All Singaporean born men have to ‘serve’ two years of compulsory National Service followed by 10 or more years of reservist as NSmen which put them at a disadvantage in the labor market as compared to foreigners who do not have such disruptions.