Tag Archives: NDRSG2014

LEE HSIEN LOONG’S ACCOUNT NOT OVERLY ROSY

We do not expect all eligible Singaporeans to take up the Lease Buyback Scheme. Those who wish to bequeath their homes are free to do so, especially if their children support them or they have other sources of retirement income. The fact that most eligible home owners have not taken up the Lease Buyback Scheme may well be a positive sign that most seniors do in fact have other support, and are adequately provided for in retirement.

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