Singapore rolls out $3b battle plan to counter looming silver tsunami

The re-employment age will be raised by 2017.

Singapore has rolled out the big guns in its battle to keep its ageing population active.

The Ministerial Committee on Ageing today unveiled key new features of a $3 billion Action Plan for Successful Ageing, in a bid to help Singaporeans age actively.

The plan aims to build 'A Nation for All Ages', and includes about 60 initiatives covering 12 areas.

Among the initiatives is the establishment of a new ‘National Silver Academy’ to offer a wide range of learning opportunities for seniors to learn for interest and to stay active.

It aims to provide more than 30,000 places for seniors by 2030.

A National Seniors’ Health Programme will also be launched to empower at least 400,000 seniors aged 50 years or older by 2030 to age more healthily.

The re-employment age will be raised from 65 to 67 by 2017 to enable workers to work longer if they are willing and able to.

An infographic on the new action plan can be viewed here.

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