PENSIONS

Parliament of Singapore · 13 November 2000

Official Report, 13 November 2000, Vol 72, Issue 10 · Open in the reader (summaries, search, filters)

Richard Hu Tsu TauThomas Thomas

Mr Thomas Thomas asked the Minister for Finance (a) how many persons receive pensions from the various Government and Government-linked Pension Funds, and (b) what was the total payment made over the last 5 years.

Dr Richard Hu Tsu Tau: The Civil Service Pension Fund is currently paying 24,660 pensioners. Total payment made from FY95 to FY99 is $3.5 billion.

The Singapore Armed Forces has the SAVER-Premium Fund to cater to the savings and retirement needs of its officers. The number of pensioners under the Fund is 104, and total payment made from the time the Fund was set up in April 1998 is $69.1 million.

Source: Singapore Parliament Official Report (Hansard) for 13 November 2000. Republished on SGParliament.