1. Addressing the
Financial Needs of
Asia’s Changing
Demographics : A
Maturity Workforce

2. Productivity is Rising
(11, -3.4, -7.5% - 2011, 10, 09)
Key Component of Companies’
Growth
Key to Wage Increase
1.2% Real Median Wage Increase Per
Annum (2001 – 2010)
0% (0.3% Cumulative) 20th Percentile

3. Happy Stress-Free Employee
= Higher Productivity ?
Concerns - Healthcare
Affordability Retirement

4. Accident at Work
$147,000 Bill
Workmen Injury Act - $25,000 Cap
Public Hospital No Subsidy
5% Chance ?

5. Role of Employers
Help to Educate
Facilitate

6. CPF Approved Medical Plans
MediShield
B2, A Ward Plans
As Charged Plans
Deductibles/Co-insurance

7. Class C Hospitalisation
Average Bill As Much
As Double in 4 Years
Non-subsidised Drugs
Non-subsidised Treatment

8. Cafeteria Benefits
Civil Service
Common Law
Retirement Planning
Financial Planning

9. CEO Case
Portable Insurance

10. Credit Counseling S’pore -
21%
Medisave top-ups
750,000 No Insurance ?
How many O/Less Than
$1,000 Medisave ?

11. Ward Down-grading - 1%
Success?
Medifund Success Rate -
99% ?
Subsidised Ward Availability

12. Retirement
36% - Highest Contribution
Low Income Replacement
(Mercer Pensions Study, etc)
Everyone Millionaire ?
CPF $540 Monthly 21 - 65
5% = $1m

13. 60% Estimated Have $67,000
2013 (CPF Life Study)
Property Pledge
20% CPF Withdrawal Phase-out
Minimum Sum $131,000,
Medisave Required Amount
$27,500

14. CPFIS
After 11 Years - 75% Did Not Beat
2.5%
Singapore Stocks - 35% Average Loss
Globally Diversified Portfolio (40%
Equity 40% Bonds, 20% Commodities)
– 6% ?
Temasek 17%, GIC 3.9% (Real US$)

15. HDB
Housing Withdrawal
Limits
Age 55 Still paying
Mortgage - 25,000 ?

16. Employees Need
To Know
Employers Can
Help