Enhancing Singapore’s pension scheme: A blueprint for further flexibility

• Main Authors: KWONG, Koon Shing, TSE, Yiu Kuen, CHAN, Wai Sum
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2017
• Subjects: inflation risk; investment returns; life annuity; longevity risk; post-retirement benefits; Asian Studies; Finance; Growth and Development
• Online Access: https://ink.library.smu.edu.sg/soe_research_all/10; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1009&context=soe_research_all
• Institution: Singapore Management University

Building a social security system to ensure Singapore residents have peace of mind in funding for retirement has been at the top of Singapore government’s policy agenda over the last decade. Implementation of the Lifelong Income For the Elderly (LIFE) scheme in 2009 clearly shows that the government...