Helping the elderly thrive is good for Singapore as a community

In what is often considered the most expensive city in the world, it was a timely and down-to-earth moment when a study was released recently to show how much a single person aged over 65, and who lives alone in Singapore, would need to cover his or her basic needs. This is termed minimum income standard (MIS). The amount came to a "princely" sum of $1,379 per month. For an older couple living together, the sum needed was $2,351.

The MIS study was done by a team of researchers led by Assistant Professor Ng Kok Hoe of the Lee Kuan Yew School of Public Policy at the National University of Singapore.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on June 04, 2019, with the headline 'Helping the elderly thrive is good for S'pore as a community'. Subscribe