PM Lee to deliver National Day Rally speech from 6.45pm on Aug 20

PM Lee to deliver National Day Rally speech from 6.45pm on Aug 20

TWEAKS TO PUBLIC HOUSING

In his National Day message last week, Mr Lee spoke about keeping public housing schemes inclusive and helping older workers who have not built up enough Central Provident Fund (CPF) savings for retirement – topics he will address in his upcoming National Day Rally.  

“The government must … ensure that public housing is accessible and affordable for Singaporeans of all income groups … and keep our housing schemes fair and inclusive for all,” Mr Lee said on Friday.

Mr Lee also touched on Singapore’s rapidly ageing population.

He noted that while the system had been progressively enhanced to ensure people save enough in their working years, some older workers in their 50s and early 60s “still have not built up enough CPF savings for retirement, and can do with some extra help”.

According to the National Archives, there has been a National Day Rally every year since 1966, except for 2020, when Mr Lee made a speech in Parliament instead due to the COVID-19 outbreak.