Category Archives: Silver Support Scheme

Singapore of the future, the age of the 4-G – to become a single society? Overcoming income inequality? True causes of wealth and poverty; What kind of government policy can eradicate the income gap between the top 10% and the bottom 20% in any society? Broader meritocracy, how?

Posted on October 13, 2022 by tankoktim

=============== . Meritocracy, how? Education: What is Complete Whole Person Education? Work: What is “Work with the aim to help others become more efficient”? Workfare and Welfare: It is all about money. Where does money come from? Does it grow … Continue reading →

Posted in Business & Finance, Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Government, HDB Public Housing; affordability; EIP policy; and resale prices;, Inflation and Rising cost of living, Media and freedom of the press; Movies, TV serials; Entertainment;, Medical & Health, Minimum Wage; PWM and WIS in Singapore's wage policies, Nation Building, Politics, Silver Support Scheme, Social issues, Socialistic Policies, Workfare income supplement; Progressive Wage Model | Tagged , , | 2 Comments

A healthy population; Expand community healthier physical activities; Live and age well; Building more hospitals and clinics not the long-term solution; Rising cost of healthcare is a concern; Add reward element, increase incentive in the push for healthy living; Also: reward those who live healthy lifestyles; Successful ageing – Live and age well – ageing gracefully; How? Caring for the aged with low retirement CPF funds – retirement adequacy;

Posted on March 18, 2020 by tankoktim

  ===================== .   A healthy population will result in many benefits to the self and the society as a whole: higher productivity due to less down time; greater medical cost savings in hospitals and clinics; and less mental and … Continue reading →

Posted in CareShield Life insurance - permanent disabilities, Cost of Living & Retirement Adequacy, CPF, Inflation and Rising cost of living, Medical & Health, MediShield Life mandatory medical insurance, Population, Productivity, Silver Support Scheme, Social issues, Socialistic Policies, Workfare income supplement; Progressive Wage Model | Tagged , , , , , | Leave a comment

2019 Budget – my 28 suggestions

Posted on January 10, 2019 by tankoktim

2019 Budget  – my 28 suggestions: I hope MOF Heng Swee Keat will include one or two of my suggestions in the 2019 Budget, which will be announced in Parliament by him on 18th Feb 2019. What will be the … Continue reading →

Posted in Budgets 2018, etc., Business & Finance, CPF, Government, Govt's Budget, GST, Medical & Health, MediShield Life mandatory medical insurance, Minimum Wage; PWM and WIS in Singapore's wage policies, Politics, Population, Properties, Silver Support Scheme, Social issues, Socialistic Policies, Taxation, Transport | Tagged | Leave a comment

COL – CDC vouchers and rising cost of living – Govt special Assurance Package S$800 payment to each adult in Dec 2023 with fewer criterion; The Govt has listened; S$500 in Dec 2022, and S$200 Assurance Package; CDC voucher of S$300 per family on 3Jan2023; how to keep hawkers’ costs down? Inflation – Singapore paid S$8 billion more for LNG import in 2022; Rising COL – we have PWM, WIS, MW and LQS; Reduce COL or reduce income gap with MW? MW will drive COL up, not down; WIS and PWM are far superior than MW; Factors that caused COL to rise – cost of state land accounting; public housing; COE; cost of utilities; basic food and daily necessities; transport, medical costs, etc;

Posted on August 14, 2018 by tankoktim

============== . Assurance Package: 2 million Singaporeans to receive Seniors’ Bonus and MediSave cash payouts in February 2024 The payments are part of the suite of Assurance Package measures previously announced in Singapore’s Budget 2022. Timothy Kang ·Finance Producer Updated … Continue reading →

Posted in Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Education; What is Complete Whole Person Education?, Energy, Clean and Green Electricity, Food & Drinks; hawker centres; foodcourts;, Government, GST, GST Rebates, Hawker Food -Top Favourites, HDB Public Housing; affordability; EIP policy; and resale prices;, Inflation and Rising cost of living, Labour, Medical & Health, Minimum Wage; PWM and WIS in Singapore's wage policies, National Day Rally - new policies and strategies, PG and CHAS, Politics, Productivity, Silver Support Scheme, Singapore in 1960s, Social issues, Socialistic Policies, The Govt listened and implemented my ideas and feedback, Workfare income supplement; Progressive Wage Model | Tagged , , , , , | 8 Comments

Budget 2017 – what are our expectations?

Posted on January 8, 2017 by tankoktim

2017 Budget – what are our expectations? . Finance Minister Heng Swee Keat will deliver the Government’s 2017 Budget statement in Parliament on Feb 20, 2017, his second as FM. . What should be done to make Singapore more inclusive … Continue reading →

Posted in Budget 2017, CPF, Government, Govt's Budget, PG and CHAS, Silver Support Scheme, Socialistic Policies | Tagged | Leave a comment

ComCare. Welfarism – how extreme can it be? S$3 billion action plan for successful ageing;

Posted on April 18, 2016 by tankoktim

============ . Welfare policies come with trade-offs, including need to raise taxes: Lawrence Wong DPM Lawrence Wong (centre) during a dialogue hosted by NTUC president Mary Liew and secretary-general Ng Chee Meng. ST PHOTO: DESMOND WEE Rei Kurohi PUBLISHED 1 HOUR … Continue reading →

Posted in Budget 2016, Cost of Living & Retirement Adequacy, Fate, Destiny, Accidents & Coincidence, Food & Drinks; hawker centres; foodcourts;, Govt's Budget, HDB Public Housing; affordability; EIP policy; and resale prices;, Minimum Wage; PWM and WIS in Singapore's wage policies, Politics, Properties, Silver Support Scheme, Social issues, Socialistic Policies | Tagged | 1 Comment

Silver Support Scheme – is the distribution equitable? How? Means testing? Is it equitable and not a blunt tool for administrative convenience or due to a lack of a better instrument?

Posted on April 6, 2016 by tankoktim

. ======== . Another factor for means testing:   How much does the person receive each month from the CPF Board for old-age retirement? . ====== . Forum: More accurate means testing for govt subsidies needed   PUBLISHED4 HOURS AGO … Continue reading →

Posted in Budget 2016, Cost of Living & Retirement Adequacy, Government, Govt's Budget, GST Rebates, Silver Support Scheme, Social issues, Socialistic Policies | Tagged , , | Leave a comment

S$778 per month for the destitute : based on the 2016 Budget; Revised in 2019; What is the amount now, the revised latest figures based on the current Budget? Will the WP MPs ask the minister in Parliament for the latest figures? Or, will the MSM journalists ask for it? Where to seek help under the Destitute Act Chapter 78? Who can offer the help and how? Seoul homeless: photo below;

Posted on April 3, 2016 by tankoktim

.. ========= .   . Who is eligible for govt’s public assistance under the Destitute Act Chap 78 [please see copy of the Act below]? What are the terms and conditions of eligibility under the Act? The link to public … Continue reading →

Posted in Budget 2016, Budgets 2018, etc., Cost of Living & Retirement Adequacy, Fate, Destiny, Accidents & Coincidence, Food & Drinks; hawker centres; foodcourts;, Government, Govt's Budget, GST Rebates, Labour, Minimum Wage; PWM and WIS in Singapore's wage policies, Politics, Silver Support Scheme, Social issues, Socialistic Policies, Taxation | Tagged , , , , , | 3 Comments

Old-aged homes…in a fast ageing Singapore; Destitute in old-age home, their money, if any left, to whom should they will their money? Help the elderly and the destitute to age well; HDB’s Community Care Apartments in Bukit Batok ready in 2024; Homeless and the Destitute Persons Act [Chapter 78]; Old folks die in loneliness, body not found for months; Those over 70 and 80, count your remaining days in 10 or 20 years

Posted on March 2, 2016 by tankoktim

============== . PG and MG folks and the PG and MG Funds… How many of them were alive end 2020 and 2021, and how many will be alive end 2022? How much funds remained at end each year? What is … Continue reading →

Posted in Fate, Destiny, Accidents & Coincidence, HDB Public Housing; affordability; EIP policy; and resale prices;, Medical & Health, PG and CHAS, Properties, Silver Support Scheme, Social issues, Socialistic Policies, Spiritual First - then mental then physical | Tagged , , , , , | Leave a comment

CPF Annual Statement – It shows more details the amounts given by the Government to each person;

Posted on February 10, 2016 by tankoktim

CPF…..it proves again that the Govt listens to public feedback. Prior to 2015, not many recipients were aware how much they had received as the Govt did not provide details in a summarised format at year end. I remember in … Continue reading →

Posted in CPF, Government, GST Rebates, MediShield Life mandatory medical insurance, PG and CHAS, Silver Support Scheme, Socialistic Policies, The Govt listened and implemented my ideas and feedback | Tagged , , , | Leave a comment

Destitute Persons Act (CHAPTER 78)..,.S$3b for seniors….Ageing, but will the destitute be in loneliness? Who will qualify as a destitute under the Act? What are the government’s public assistance and HDB housing for the destitute?

Posted on August 26, 2015 by tankoktim

====== . Cardboard as bed in Seoul:   · A photo of an Underground Pass in Seoul – a night for the homeless. Is there an underground pass in red dot for the destitute too? If there is, it will … Continue reading →

Posted in Cost of Living & Retirement Adequacy, Fate, Destiny, Accidents & Coincidence, GE2020 on 10th July 2020; and one year later;, Government, HDB Public Housing; affordability; EIP policy; and resale prices;, Labour, Medical & Health, Politics, Population, Religions and Faiths, Silver Support Scheme, Social issues, Socialistic Policies, Spiritual First - then mental then physical | Tagged , , , , , | 2 Comments

Retirement adequacy – a long-term concern? How to top-up CPF for Gig workers/the 20% lower-income groups? Will the Govt have the political will to have policies that stand in good stead for us to be an inclusive society? How to have socialist policies for the sake of Singaporeans’ well-being; All about money; More should be done when we are hit by an economic storm;

Posted on March 16, 2015 by tankoktim

========== . Retirement adequacy for the poor [the 250,000 or the 25% at the base of our society] must be one of the top social issues to be discussed and addressed. How it should be addressed and why? What are … Continue reading →

Posted in Budget 2015 - new policies?, Cost of Living & Retirement Adequacy, CPF, Economy; Perfect Economic Storm? When?, GE2020 on 10th July 2020; and one year later;, Government, Govt's Budget, GST, HDB Public Housing; affordability; EIP policy; and resale prices;, Inflation and Rising cost of living, Medical & Health, MediShield Life mandatory medical insurance, Minimum Wage; PWM and WIS in Singapore's wage policies, MRT, National Day Rally - new policies and strategies, National Reserves, PG and CHAS, Politics, Silver Support Scheme, Social issues, Socialistic Policies, The Govt listened and implemented my ideas and feedback, Transport, Workfare income supplement; Progressive Wage Model | Tagged , , , | 2 Comments

S$300 a month for Silver Support Scheme?

Posted on December 6, 2014 by tankoktim

I am grateful to Today Voices for publishing my letter. S$300 a month for Silver Support Scheme? Published: 9:08 PM, December 1, 2014 in Today Voices Government portal REACH is seeking feedback on and suggestions for the Silver Support Scheme … Continue reading →

Posted in Budget 2015 - new policies?, Cost of Living & Retirement Adequacy, CPF, Government, Govt's Budget, Medical & Health, Politics, Silver Support Scheme, Social issues, Socialistic Policies | Tagged , , | Leave a comment

Making a simple Will – sample format below; the importance of making a will; the consequences of not making a will; Making a LPA too – lasting power of attorney; Beware of rule of survivorship in property with joint-name ownership;

Posted on July 15, 2012 by tankoktim

=============== . You do not need a lawyer to witness or prepare the Will for you if your Will is straightforward and simple.    You can use the simple format below. The executor of the Will can be one or … Continue reading →

Posted in Business & Finance, CareShield Life insurance - permanent disabilities, Cost of Living & Retirement Adequacy, CPF, Emergency Disaster Preparation, Fate, Destiny, Accidents & Coincidence, MediShield Life mandatory medical insurance, PG and CHAS, Religions and Faiths, Silver Support Scheme, Social issues, Socialistic Policies, Spiritual First - then mental then physical | Tagged , , , | Leave a comment

Hawker food prices? Who pay for price increases? Rising HDB hawker stalls and shops’ rental affect all – Keep the COL and food cost down in hawker centres; How? CDC S$100 vouchers; Going cashless in hawker centres? Keep it clean and the birds out; UNESCO – S’pore’s hawker culture on Unesco heritage list; Are we paying hawker centres appropriately for the culinary skills? Do some owners rent out the stall for passive income?

Posted on March 7, 2012 by tankoktim

======= . We pay. All pay. Unable to pay, buy and throw away if unable to DIY repair. This is the Australian way. Buy and Throw Away way of life unless you can pay for expensive repair costs or DIY. … Continue reading →

Posted in Cost of Living & Retirement Adequacy, Food & Drinks; hawker centres; foodcourts;, Government, Govt's Budget, GST, Hawker Food -Top Favourites, HDB Public Housing; affordability; EIP policy; and resale prices;, Inflation and Rising cost of living, Labour, Minimum Wage; PWM and WIS in Singapore's wage policies, PG and CHAS, Productivity, Properties, Silver Support Scheme, Singapore in 1960s, Social issues, Socialistic Policies, State Land, Workfare income supplement; Progressive Wage Model | Tagged , , | 2 Comments

S$1 billion Community Silver Trust – for old-aged Singaporeans and for the VWOs to seek funding….When will it be increased to S$10 billion, 2038?

Posted on February 21, 2011 by tankoktim

The setting up of this Trust proves once again that the Government listens to its people.    I have suggested repeatedly over a number of years to the Government to set up such a trust with a start-up of S$500 million … Continue reading →

Posted in Cost of Living & Retirement Adequacy, Government, Govt's Budget, Medical & Health, Nation Building, Politics, Silver Support Scheme, Social issues, Socialistic Policies, The Govt listened and implemented my ideas and feedback | Tagged , , , , | Leave a comment