Thursday, September 24, 2015

Taking care of elderly people - Singapore and Hong Kong

Singapore introduced a Pioneer Generation package. It provides some subsidy for medical and dental care and for payment of Medishield Life premium. The scheme is quite complicated and many people do not know how much they can really get from the scheme.

My guess is that it cost the government $100 to $200 a month for each elderly person. Perhaps a sleeping MP can wake up and ask this question in Parliament?

Hong Kong provides a old age allowance (popularly called 'fruit money') of about SGD 200 a month for each elderly person from 65 to 70 who have low income and for each person above 70 regardless of income.

They can use the allowance for food or for medical care or in any way that is suitable.

Some people criticized the monthly payment in Hong Kong to be inadequate. But it is much better than the PGP introduced in Singapore.


Hong Kong

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