Schedule for Review of Pensions and Benefits of Retired Public Service Officers

Written Reply to Parliamentary Question on schedule for review of pensions and benefits of retired public service officers

Parliament Sitting: 6 Feb 2024

Mr Darryl David: To ask the Deputy Prime Minister and Minister for Finance (a) whether there is a regular schedule for the review of pensions and benefits of retired public service officers; and (b) if so, how often are such reviews scheduled for.

Written Reply by Mr Chan Chun Sing, Minister for Education and Minister-in-charge of the Public Service

The Member may refer to the PQ answered on 20 Oct 2022 titled ‘Review of Payouts to Retirees on Government Pension Schemes Given Rising Cost of Living’.

There is no fixed schedule for reviews. The Government continually considers the adequacy of its benefits provisions, taking into factors such as inflation, fiscal cost as well as other national policies. For example, Government pensioners also benefit from other forms of national support, including the Pioneer and Merdeka Generation packages, GST vouchers, and Community Development Council vouchers.