Speaking at a Forward Singapore conversation for social service practitioners, Mr Wong set out the direction for social policies on strengthening families, supporting seniors and improving social mobility in Singapore.
"In addition, we will also review our housing policies to see how we can help first-time home buyers secure a flat quickly and affordably." "We must make Singapore the best place for families – a society where young couples feel well-supported to start and raise a family, and can give their children the best possible start in life," said Mr Wong, who is also Finance Minister.
Another key area of focus is supporting seniors, as Singapore is one of the fastest-ageing nations in the world. By 2030, 1 million citizens, or one in four Singaporeans, will be aged 65 and above. "Meanwhile, our current seniors have not had the runway to benefit as much from enhancements to the CPF system, such as Workfare and the extra interest rates. We will see how to further strengthen retirement support for them, including those with low or less stable incomes."
He noted that for children born in the 1980s, 14 per cent of those whose parents earn the bottom one-fifth of incomes reached the top fifth of their cohort by their 30s. This percentage is higher than many advanced economies and twice as high as the United States.
Source: Real Estate Daily Report (realestatedailyreport.net)
Siao Liao, house gonna be smaller now cos only need toilet size for sex
No need la it's okay, just keep car and house prices up. Then young people can't afford kids. Next generation just import la.
Do we think the new generation can afford to have children and care for the elderly? The rising cost of living and make HDB unaffordable! Do you think the next generation have any money left in the CPF? Our policy has dried up our next generation😥
Review policies? The money just goes from one pocket to a different pocket on the same shirt with multiple pockets.
1 kid- 6 childcare leave per year. 3 kids also 6 cc leave. Dont know where is the logic.
Make WFH a permanent feature for your term and you will see results. If you don't have the will, your KPI will be missed.
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