singapore

Singapore: Nominated MP proposes temporary universal basic income scheme to help S'poreans get through Covid-19 crisis

Submitted by pmassetti on Tue, 04/07/2020 - 16:30

The Straits Times (07.04.2020) Give all Singaporeans a universal basic income for the duration of the coronavirus crisis, to assure them that their basic needs will be met even if they lose their jobs, said Nominated MP Walter Theseira. Under his proposal, dubbed the Majulah Universal Basic Income Scheme (MUBI), all Singaporeans - including children and retirees - will get $110 a week for 12 weeks. This will be considered taxable income and cost $4.62 billion.

Regions / Country
singapore
Topics
Cash transfers
Document Type

Singapore: Cushioning the impact of COVID-19

Submitted by cambrosio on Thu, 04/02/2020 - 14:09

gov.sg (20.02.2020)

To address the economic uncertainties brought about by the Coronavirus Disease 2019 (COVID-19) outbreak, the government introduced a cash transfer of up to SG$300, depending on income, for all residents aged 21 and above. Additionally, S$100 for passion card top-up for all seniors, and S$100 supermarket vouchers for lower-income families.

Regions / Country
singapore
Global challenges
Topics
Family benefits
Social assistance
Cash transfers
Document Type

Singapore to Work Longer, Build Higher as Lee Eyes Handover

Submitted by dfabbri on Mon, 08/19/2019 - 10:33

Bloomberg (18.08.2019) Singapore extended support for older workers in the aging island nation as the current leadership prepares to hand over to a new generation in the next few years. The retirement age will be gradually raised to 65 from 62, Prime Minister Lee Hsien Loong said Sunday in his annual National Day Rally speech. The re-employment age, where employers must offer work in the same organization, will rise to 70 from 67.

Regions / Country
singapore
Topics
Pensions
Financing

Singaporean experts suggest establishment of ministry of aging

Submitted by pmassetti on Mon, 07/15/2019 - 15:22

bernama.com (12.07.2019) A new Ministry of Ageing, coordinating closely with the Manpower and Education Ministries, could help the authorities resolve emerging challenges such as the displacement of mature professionals, managers, executives and technicians (PMETs) due to automation

Regions / Country
singapore
Global challenges
Document Type