The Uncertain Twilight of Singapore’s Pioneer Generation
Singapore’s “Pioneer Generation,” those born early enough to witness the birth of the nation, has begun to advance a so-called “silver tsunami” that has challenged a wealthy Southeast Asian city-state renowned for the relatively high standard of living of its citizens. “Re-employment” policies have pushed seniors to remain in the workforce past retirement age, but their concentration in low-wage work has at times created conflict between health, financial, and labor imperatives. As healthcare costs grow while wages remain low, seniors, less educated relative to younger generations, face difficult options in a society that prides itself on individual responsibility and contributions to the nation’s economic progress. The Guardian examines the plight of Singaporean seniors and the evolving challenges they face upon approaching and surpassing retirement age.
“Singapore’s ‘silver tsunami’: how the city-state depends on its elderly workforce” (The Guardian)
(Image Credit: Bloomberg/Getty Images, via The Guardian)