Rank Country/territory Life expectancy at birth (years) Overall Male Female World average 67.2 65.0 69.5 1 Japan 82.6 79.0 86.1 2 Hong Kong (PRC) 82.2 79.4 85.1 3 Iceland 81.8 80.2 83.3 4 Switzerland 81.7 79.0 84.2 5 Australia 81.2 78.9 83.6 6 Spain 80.9 77.7 84.2 7 Sweden 80.9 78.7 83.0 8 Israel 80.7 78.5 82.8 9 Macau (PRC) 80.7 78.5 82.8 10 France (metropolitan) 80.7 77.1 84.1 11 Canada 80.7 78.3 82.9 12 Italy 80.5 77.5 83.5 13 New Zealand 80.2 78.2 82.2 14 Norway 80.2 77.8 82.5 15 Singapore 80.0 78.0 81.9 16 Austria 79.8 76.9 82.6 17 Netherlands 79.8 77.5 81.9 18 Martinique 79.5 76.5 82.3 19 Greece 79.5 77.1 81.9 20 Belgium 79.4 76.5 82.3 The above figures show that life expectancy is at best about 85. But we must be proactive and prepare to live till 95 or 100. So we must prepare our people now, and keep their money before they squander them away. And with our world class health and medical care system, Singaporeans will outlive all the the people in the world soon. 50% of those who are 62 now will live to 85. That is a Singaporean fact. They are more or less guaranteed to benefit from the annuity scheme.

Stop the kidding

Anyone with a fully paid 3 rm HDB flat and prepared to rent out one room will have more than $300 income to get by. And this is inflation hedged as the rental will only go up with time. Not taking into account any other forms of income or savings. He DOES NOT need the $300 from any annuity scheme. All he needs is don't try to eat sharks fin, go to concert, drive a mercedes, admit himself into A class wards. Just live simply. He will have more than enough. What can a 85 year old do? Run around and feeding himself with viagra?

Actually ah...

Actually ah... Though there were some whinings and kpkb everywhere, the people believe that the govt is a good govt and all the things that are being done is for their own good. Even this annuity scheme and whatever the govt is going to scheme, the people simply love them. The kpkb is just for show, like a girl being ask for a date. Don't want lah, but actually want to accept it like hell. I beg you, the people will vote the PAP to power in the next GE with overwhelming majority. That is for sure.

Please stop nannying us

We do not want to be nannied. Please stop nannying us. And please stop uttering that the people are hopeless and mindless and always ask the govt to nanny them. It is the govt that insisted on nannying the people against their wishes, to be left alone.

Oh God, have mercy on your people

The people must beg the govt for mercy. Please, please don't help us.( I thought that was what the govt said. There is no charity. The people must look after themselves, with their own money?) The more the govt is trying the help the people, scheming all kinds of solutions, the more the people will get it. To help the poorer section of the people, we have the 2% GST. Now what, everything is shooting up beyond control. More than the 2% for sure. The govt is going to provide world class transport system. Be prepare to pay world class fares. No free lunch. World class hospitals, pay. No such thing as opting for C class wards. You will be subject to means testing to make sure you pay. The GST was the magic formula to help the poorer people. Now we have another magic formula to help the aged, whether you need it or not, you must have it, in one form or another, flexibility. This is another cure all formula. And whatever objections there will be another counter argument for it. One thing for sure, it is a well thought out plan. A must have plan. Without which the people and the nation will face disaster in the future. The govt is going to help the people to help themselves. And the people pay, with their own money. There is no other better solution to this. No other solution except this one. The supertalents have done their jobs. They could not find any. All the suggestions by the people are hogwash, flimsy options that cannot work. Whine as much as you can now. But as sure as the sun will rise, the annuity plan will be there and you have to pay with your CPF money. Even if you have been planning for your own retirement plans with all your savings and insurance and assets, and children to support you. Oh God, please don't do so much for us, please. Your children just want to be children.