Denise Phua calls on Govt to develop income streams for vulnerable
MP for Moulmein-Kallang GRC, Denise Phua has called on the Government to develop income streams for the vulnerable such as the elderly and those with special needs.
She says many of these vulnerable individuals may not be able to come on board the Productivity Wage Ladder, but they can be engaged meaningfully through "some form of work".
"Take for instance, the annual packing of thousands of bags for National Day Parade by national service men. There is no reason why this work cannot be outsourced to the disability and elderly platform and have the able-bodied and likely more educated young men be redeployed to other areas of total defence."
In view of the tightening labour market, Ms Phua suggests that the government and government-linked agencies to set up teams to identify and aggregate piecemeal, full-time or contract jobs that are suitable for the elderly and those with special needs.
She has also called on these agencies to develop incentive and recognition schemes to encourage longer term work arrangements for this group.
Also on elderly employability, Nominated MP Eugene Tan hopes that the Government "go further" than just raising the CPF Contribution rates for senior workers "based solely on their age".
"I find it rather ironic than on the one hand, we honour our elders but on the other, discriminate against them. I appreciate the rationale of incentivising employers to hire older workers. However, the lower CPF contribution rates, purely on the basis of age, do not help the cause of older workers in an employment landscape where pay is increasingly based on performance, not seniority."
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