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The savings from the reduction in subsidies for PR (Approximately $7 million) will be channel to the subsidies for Citizens however Medisave contribution may go up as the need for long-term care increases with Singapore's aging population.
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Hence the ordinary account contribution which may be used for buying properties may be reduced?
The savings from the reduction in subsidies for PR (Approximately $7 million) will be channel to the subsidies for Citizens however Medisave contribution may go up as the need for long-term care increases with Singapore's aging population.
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Hence the ordinary account contribution which may be used for buying properties may be reduced?