Low-income families will be given financial incentives and other support if they work towards improving their lives, in a national push to give these families a leg-up. Families with children living in highly subsidised Housing Board (HDB) rental flats who qualify can get up to $30,000 in total payouts if they meet certain employment criteria and make voluntary Central Provident.
Elderly parents forced by their children to sell their assets – to their children’s benefit but to the seniors’ detriment – is an emerging issue raised by social workers and other stakeholders.