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Strategies to cope with Low rate of population growth: - Coggle Diagram
Strategies to cope with Low rate of population growth:
Encouraging marriages and child bearing
In Singapore, couples are encouraged to give birth to 3 or more children
Women who gives birth to children will be given more tax rebates
Meeting the needs of the elderly
Building special facilities for the elderly will increase
Building special facilities
More clinics and Hospitals specialised in the care of illness specific to the elderly
Home catering, elderly friendly facilities will increase
Help elderly to keep healthy
Healthy living fro elderly are promoted through posters, tv programs
Exercise classes and courses lifelong learning at Community Centres organised for them
Encouraging families to look after elderly
Community programs, government incentives
Various privileges and tax subsidies for families that support their parents and grandparents.
Extending working life
Raising retirement age
Ageing population , elderly to remain in the workforce
Encouraging financial planning
Social security schemes, pension schemes and retirement funds
All singaporeans to set aside portion of monthly salary in CPF
CPF will be accumulated and returned to them when older
When 62 years old, one can opt to have rest of the money returned to them on a monthly basis
Ensures good quality of life after retiring