Singapore’s Paralympic gold medallist Yip Pin Xiu celebrating after the women’s 100m backstroke swimming event during the Tokyo Paralympic Games on Aug 25, 2021.
Cash awards for para-athletes who compete in major games will double for all medal categories with DBS bank’s backing
This means Paralympian Yip Pin Xiu will get S$800,000 for her two Paralympic gold medals in 2021, up from S$400,000
One-fifth of the prize will go to the national paralympic and disability sports councils to fund training and development, and support Singapore’s participation in para-games
The move came after a debate on whether Paralympic gold medallists should get the same amount of monetary rewards as their Olympic counterparts
SINGAPORE — The cash awards given out to para-athletes who compete in major games will double across all medal categories with a new sponsor, DBS bank, backing the scheme from this year until 2024, the Singapore National Paralympic Council (SNPC) said.
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This means Paralympian Yip Pin Xiu will get S$800,000 for her two Paralympic gold medals in 2021, up from S$400,000
One-fifth of the prize will go to the national paralympic and disability sports councils to fund training and development, and support Singapore’s participation in para-games
The move came after a debate on whether Paralympic gold medallists should get the same amount of monetary rewards as their Olympic counterparts
SINGAPORE — The cash awards given out to para-athletes who compete in major games will double across all medal categories with a new sponsor, DBS bank, backing the scheme from this year until 2024, the Singapore National Paralympic Council (SNPC) said.
Read More…
