REVISION OF PENSIONS

Parliament of Singapore · 23 July 1985 · 6th Parliament

Official Report, 23 July 1985, Vol 46, Issue 3 · Open in the reader (summaries, search, filters)

Ng Kah TingRichard Hu Tsu Tau
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Mr Ng Kah Ting asked the Minister for Finance and Minister for Health whether he is ready to announce the revision of the pensions of Government pensioners.

Dr Hu Tsu Tau: Mr Deputy Speaker, Sir, a review of the Singapore Allowance is being finalized and an announcement will be made thereafter.

I would like to reiterate that it is the Singapore Allowance which is being reviewed and not the pension terms. Pensions are payments for past services and are not subject to periodic review. The Singapore Allowance was introduced in 1974 as an ex-gratia payment to help pensioners adjust to the abnormally high inflation which followed the first oil shock in 1973. It was last revised in April 1982.

Mr Ng Kah Ting (Punggol): Mr Deputy Speaker, Sir, would the Hon. Minister for Finance and Minister for Health kindly consider disclosing to this House the review of pensions, whether it is a right or as a form of Singapore Allowance, as soon as possible?

Dr Hu Tsu Tau: The suggestion is accepted.

Source: Singapore Parliament Official Report (Hansard) for 23 July 1985. Republished on SGParliament.