Wednesday, February 22, 2012

S'poreans respond to Budget via REACH

SINGAPORE: Building a fair and inclusive society topped the number of responses with 40 per cent of all inputs received by the national feedback unit REACH on this year's Budget.

While many welcomed the measures to support the ageing population and their employability, a handful were concerned older workers will not benefit from the increase in CPF contribution.

This is because the change does not directly help with their daily expenses.

There were calls for increases in the contribution to be extended to those aged 65 and above.

Singaporeans also supported the government's Silver Housing Bonus to unlock the savings of seniors, but some questioned its effectiveness.

On healthcare, affordability was a key concern.

Some said costs will increase further with enhancements to healthcare infrastructure.

Others suggested the monthly S$120 grant to hire foreign domestic helpers to care for seniors be extended to families with disabled members, as well as to those with children.

The majority of Singaporeans welcomed support for those with disabilities, but also felt more could be done.

Some suggested help be extended to those suffering from mental illness, and to the disabled who did not graduate from Special Education Schools.

Restructuring the economy to sustain growth made up 23 per cent of feedback on the Budget.

While there was support for the enhanced Special Employment Credit, some worried it may discourage companies from paying older workers more than S$3,000 monthly.

Response towards measures to support small and medium sized enterprises were mixed as well.

Some welcomed the cash grants announced for these enterprises, but others questioned the effectiveness of various measures.

Public transport concerns made up 12 per cent of total responses.

Some felt the plan to boost bus capacity should be fully funded by operators.

They are also worried the increased bus fleets will add road congestion and increase the difficulty of recruiting more drivers.

Many are also afraid the cost of additional bus fleets will be passed on to commuters via fare increases.

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