*UPDATE
Ok, according to the website, its 21 years old in the year of the distribution. Yay. But unfortunately, i still get less than those age one year younger who are in the same context due to the educational grant being twice the size of the GST credits.
http://www.channelnewsasia.com/stories/singaporelocalnews/view/258769/1/.html
Starting next year, the government will set up a Post-Secondary Education Account, or PSEA, for every Singaporean aged 7 to 20 years.
http://www.channelnewsasia.com/stories/singaporelocalnews/view/258793/1/.html
To ease the pain of increased costs, cash offsets of up to $1000 will be given to all Singaporeans aged 21 and above over five years.
Doesn’t pay to be born in the second half of the year.