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Budget 2014: Seniors' perks ease strain on young

They don't feel left out as measures to help the elderly will lessen younger Singaporeans' burden

Published on Feb 23, 2014 7:00 AM
The Pioneer Generation Package will by funded with $8 billion from this year's Budget to support 450,000 pioneers for the rest of their lives. It means future Budgets will be able to focus on other challenges and needs. -- FILE PHOTO: KUA CHEE SIONG

This year's Budget is heavily focused on the elderly, but while some younger Singaporeans said they wished they had got more, many did not feel overly disappointed.

This is because the slew of measures for seniors will also ease the financial strain on the younger generation supporting them, they said.

Sales manager Muhammad Dzul Azhan Haji Sahban, 33, is one who welcomed the Budget, as his 65-year-old father will benefit from the Pioneer Generation Package and the extra parent relief.

An only child, Mr Dzul earns between $3,000 and $4,000 a month, and supports his retired parents, administrative assistant wife and a 10-month-old baby.

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