20 Aug '11, 10pm

Tan Kin Lian moots pension scheme for the elderly

SINGAPORE - Presidential candidate Tan Kin Lian said he will look into the possibility of setting up a pension for the elderly on top of the existing Central Provident Fund (CPF) scheme. Speaking to reporters during a walkabout in Aljunied Crescent yesterday, Mr Tan said Singaporeans depend on their CPF during old age and more help should be provided for the elderly who do not have enough CPF. Said Mr Tan: "I hope to see the elderly being better taken care of, like a pension for meeting their living expenses ... I'm in favour of the pension for elderly people beyond age 75 or 80. "It doesn't cost much and this help will go a long way." When asked for an estimate on how much each elderly person might receive through such a scheme, Mr Tan, 63, said he did not have specific figures. "It doesn't have to be much if they already have their house or some rented room that is not e...

Full article: http://www.todayonline.com/Hotnews/EDC110821-0000172/Tan-...

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