8 in 10 Singaporeans support new Silver Support Scheme: REACH poll

8 in 10 Singaporeans support new Silver Support Scheme: REACH poll

SINGAPORE - A survey conducted by REACH has found that most Singaporeans are in favour of the Silver Support Scheme for low-income elderly Singaporeans.

More than 8 in 10 of the 1,136 people polled via the telephone said they supported the Silver Support Scheme, which is an annual bonus meant to supplement the payouts from the needy old folk's CPF accounts. This will apply to the 10 per cent to 20 per cent of Singaporeans who have not saved up enough in their CPF accounts, do not own flats and are without family support.

A total of 75 per cent polled believed that they will have sufficient opportunities to upgrade their skills and education even after starting work.

About 70 per cent of respondents also said they supported the idea of increased flexibility in allowing a lump sum withdrawal, subject to limits, of their CPF savings from 65 years of age.

Senior Minister of State for Health and Manpower and REACH Chairman Dr Amy Khor said: "Based on the poll results, reactions to this year's National Day Rally have been positive."

"Majority of respondents supported the key initiatives announced, which are aimed to provide Singaporeans with more pathways to success, greater peace of mind in retirement, further improvements in the living environment, and the provision of municipal services".

The sample of respondents for the poll was weighted to be demographically representative of the national population in terms of gender, age and race. It was carried out to gauge Singaporeans' reactions to the announcements in PM LeeHsien Loong's National Day Rally speech.

 PM Lee had said in his Rally speech that a tripartite committee would be set up to develop an integrated system of education, training and progression for all Singaporeans and promote industry support and social recognition for individuals to advance based on their skills.

The poll also found that 60 per cent of Singaporeans were confident that the Government's efforts will help improve career opportunities for Singaporeans, regardless of their qualifications.

These results were largely in line with the feedback and sentiments received on REACH platforms, where there was strong support for initiatives on retirement adequacy as well as on the ASPIRE announcements, REACH said in a statement.

Other findings include:

  • 68 per cent of respondents supported the transformation of the Jurong Lake district.

  • 67 per cent of respondents supported the extension of the Lease Buyback scheme to include 4-room HDB flats.

  • 65 per cent of respondents expressed confidence that the new Municipal Services Office, which will coordinate the work of government agencies involved in estate matters, will significantly improve the delivery of estate services.

 

More than 1,600 feedback inputs were received across various platforms from August 17 to 31.  About 40 per cent of all feedback focused on the topic of Assurance in Retirement, 18 per cent on Achieving our Potential, and 16 per cent on Home for all Ages, REACH said.

Dr Khor added: "While these initiatives aim to help Singaporeans achieve their potential and give them more options and assurance in retirement, our challenge is to communicate and enable Singaporeans with different circumstances to understand how they can benefit from these initiatives."

ljessica@sph.com.sg

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