Severely disabled want to be included in annuity scheme
From Channelnewsasia.com (10 Sept 2007):
SINGAPORE : The severely disabled do not want to be totally excluded from buying compulsory annuities when they turn 55.
Even as they welcome the possible exemption, they hope the government will give them an opt-in option, and allow them to tap into the monthly payouts at an earlier age, since most do not expect to live till 85.
… The lifespan of these patients are significantly reduced by complications such cardiac arrest, diabetes and breathing difficulties.
Still, people like John welcome the annuity scheme, which can come in handy when they are no longer able to work.
But he hopes the payouts can be brought forward to when he turns 70 or even earlier.
… Their suggestion to the government is to exempt the severely disabled, but allow them to opt into the scheme.
