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COMMENTARY

Silver Support Scheme is first step to a minimum pension guarantee

Tuesday, February 24, 2015 - 05:50
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In the 2015 Budget, the government introduced a major policy to address retirement adequacy: the Silver Support Scheme, a permanent programme that will provide payments of up to S$750 per quarter to needy seniors throughout their retirement.

IN the 2015 Budget, the government introduced a major policy to address retirement adequacy: the Silver Support Scheme, a permanent programme that will provide payments of up to S$750 per quarter to needy seniors throughout their retirement. In recent years, several major measures - such as the