Pensioners who are pioneers 'will be better off than before'

Pensioners who are pioneers 'will be better off than before'

Government pensioners who qualify for the Pioneer Generation Package will continue to receive all the post-retirement benefits of their respective pension schemes.

This is on top of benefits under the Pioneer Generation Package, such as outpatient and MediShield Life premium subsidies.

Deputy Prime Minister Teo Chee Hean gave the assurance yesterday in his reply to Mr Seah Kian Peng (Marine Parade GRC), who asked about the impact of the Pioneer Generation Package on low-income pensioners.

Mr Teo said the package honours the elderly by taking care of their health-care needs, so pensioners will not be worse off.

All Singaporeans who meet the Pioneer Generation criteria will be eligible for life-long Medisave top-ups of $200 to $800 a year, for instance. They will also get enhanced Community Health Assist Scheme subsidies at participating GPs and dental clinics.

"This will reduce their out-of- pocket expenses under their existing medical benefit schemes as pensioners," he said.

Also, pensioners with moderate to severe functional disabilities will receive $100 a month under the Pioneer Generation Disability Assistance Scheme.

MediShield Life is compulsory for all Singaporeans, so pensioners will be enrolled too and get benefits beyond the post-retirement perks they already receive. Pensioners will receive a letter from the Public Service Division next month, with details on how they are being enrolled.

This will ensure that pensioners who are pioneers "will be better off than before", he said.

This article was first published on September 10, 2014.
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