SINGAPORE — On average, primary caregivers of elderly parents or relatives lose around 63 per cent of their income, or an estimated $57,000, per year due to changes in their employment, an Association of Women for Action and Research study has found.
The Aware report is based on in-depth interviews with 22 female caregivers and 22 stakeholders, including eldercare service providers, academics and medical social workers. These can range from aiding their charges with the activities of daily living such as eating or dressing, managing their medications and transportation as well as emotional and psychological care, the study noted.
The top three recurring expenses are incurred by employing home-based care services, foreign domestic workers and consumables. The top three one-off expenses include medical bills, equipment and home adjustments. The caregivers’ support grant, for instance, could be a mixture of cash and Central Provident Fund , with the amount dependent on the number of activities of daily living a care recipient requires help with.
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