26,000 age 85 and above

This is a good piece of information. Now what we want to know is the breakdown by age group to give some idea of the spread and the probability of reaching 90 and beyond. It will also be very useful to know how many are destitutes and needed public assistance. The official figure of people under the public assistance scheme is only about 3000. Now this is way too small. If this number is true, then there is no real need for a compulsory annuity scheme for the whole population. It is too insignificant an amount to warrant such a massive exercise.

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