Done By:Kerry CaoCaleb Foo

Lim Zhong HuiWong Qin Jiang

IntroductionSingaporeans aged

60 years and older are expected to rise by ~250%

Singapore would soon have an aging population

Potential Problems

Actions takenCommittee on Ageing Issues (CAI)

Propose policy recommendations for an ageing populationMeet emerging needs of an ageing population

Central Provident Fund (CPF)Helps build up assets and savings in preparation for old

ageProvides a steady stream of income for life, starting at 65.

MediSave, MediShield, MedifundSupplements CPFProtection for illnesses and pay for medical expenses

Actions takenElderShield

Provides basic financial protection to elderly who need long term care

Provides a monthly cash payout to help pay the out-of-pocket expenses

The Child Birth PoliciesVery successful

Implementation

Implementation

Government-Subsidised

Positive towards ageing seniors

Implementation

EvaluationGood governance

Protection and subsidies for the elderly Measures taken are somewhat effective

does not actually solve the root of the problem Help to clear some problems

Policy makingCareful foresight and future-planning for its

people display good response to Singapore's situation and its people's welfare

End