Dear Colleagues,

The Singapore Budget for FY 2015 and the Community Care sector

I am sure all of you would have caught the news or followed in real time the Singapore Budget 2015 speech made by DPM Tharman Shanmugaratnam a week ago. Dubbed a "Robin Hood" Budget by some, DPM Tharman gave details on how the Government will be providing greater support for our elderly and the middle-income segment of the population...


Singapore Budget 2015



Deputy Prime Minister and Minister for Finance, Mr Tharman Shanmugaratnam, delivered the Singapore Budget 2015 speech on 23 February 2015. Several measures to strengthen the country's social security system, especially to address the issue of retirement adequacy were announced. A major step will be to strengthen the assurance in retirement, and one measure is the Silver Support Scheme (SSS).

SSS will provide cash supplement for needy Singaporeans aged 65 and above.

Key changes will also be made to the Central Provident Fund (CPF) - Singapore's national savings scheme. The enhancements will help Singaporeans build up savings while they work and strengthen income in retirement...

Let's welcome our colleagues who joined Team AIC!

In this issue of PRIZE, we ask them to describe their experience coming onboard AIC as well as of themselves in three words.