Savings Scheme to Pool Undisbursed Payouts from Nurses Retention Scheme

Debated in Parliament on 5 Mar 2024.

Summary written by AI (learn more)

Mr Xie Yao Quan asked whether the Ministry of Health would consider a savings scheme to pool undisbursed payouts from the nurses retention scheme to protect their value against inflation.
The Ministry responded that the question had already been addressed in a written reply dated 4 March 2024, and invited the Member to seek clarification if needed.
The debate highlighted ongoing concerns about preserving the real value of future nurse retention payouts in the face of inflation.

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Xie Yao Quan –

The following question stood in the name of Mr Xie Yao Quan –

To ask the Minister for Health regarding the long-term retention scheme for nurses in the public healthcare system as announced on 20 February 2024, whether the Ministry will consider creating a savings scheme to pool undisbursed payouts to protect the value of these future payouts against inflation.

Yip Hon Weng (Yio Chu Kang)

Question No 3.

The Senior Parliamentary Secretary to the Minister for Health (Ms Rahayu Mahzam) (for the Minister for Health)

Mr Speaker, the question has been addressed by the written reply to Question No 8 for Oral answer on 4 March 2024. I invite the Member to seek clarification, if need be. [Please refer to "Inclusion of Inflation-adjusted Metric to Payouts in Scheme to Retain Nurses", Official Report, 4 March 2024, Vol 95, Issue 129, Written Answers to Questions for Oral Answer not Answered by End of Question Time section.]

Savings Scheme to Pool Undisbursed Payouts from Nurses Retention Scheme | PAPERCUTS

Savings Scheme to Pool Undisbursed Payouts from Nurses Retention Scheme

Debated in Parliament on 5 Mar 2024.

Summary written by AI (learn more)

Mr Xie Yao Quan asked whether the Ministry of Health would consider a savings scheme to pool undisbursed payouts from the nurses retention scheme to protect their value against inflation.
The Ministry responded that the question had already been addressed in a written reply dated 4 March 2024, and invited the Member to seek clarification if needed.
The debate highlighted ongoing concerns about preserving the real value of future nurse retention payouts in the face of inflation.

Questions identified by AI (learn more)

Full Transcript

Xie Yao Quan –

The following question stood in the name of Mr Xie Yao Quan –

Yip Hon Weng (Yio Chu Kang)

Question No 3.

Savings Scheme to Pool Undisbursed Payouts from Nurses Retention Scheme

Summary

Questions Identified

Full Transcript

Xie Yao Quan –

Yip Hon Weng (Yio Chu Kang)

The Senior Parliamentary Secretary to the Minister for Health (Ms Rahayu Mahzam) (for the Minister for Health)

Summary

Questions Identified

Savings Scheme to Pool Undisbursed Payouts from Nurses Retention Scheme

Summary

Questions Identified

Full Transcript

Xie Yao Quan –

Yip Hon Weng (Yio Chu Kang)

The Senior Parliamentary Secretary to the Minister for Health (Ms Rahayu Mahzam) (for the Minister for Health)

Summary

Questions Identified