LKYSPP’s S$1,379 basic income for the elderly doesn’t take into account the cost of healthcare or housing

LKYSPP’s S$1,379 basic income for the elderly doesn’t take into account the cost of healthcare or housing

The Lee Kuan Yew School of Public Policy (LKYSPP) at National University of Singapore released a short animated video to explain how they came up with the sum of S$1,379 a month which they say is what an elderly person in Singapore would need to maintain a basic standard of living .

In the video, it’s explained that a diverse group of people were brought together in focus groups to discuss and agree on a list of basic needs of an elderly person based on ‘societal norms and values’. The video claimed that this method was better than only asking […]

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