Helping the elderly thrive is good for Singapore as a community

New: Gift this subscriber-only story to your friends and family

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.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

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 Singapore as a community. Subscribe