Number and Profile of Stay-at-home Mothers
- Irene Ng asked for statistics on stay-at-home mothers, their HDB flat types, average CPF savings at age 65, and poverty rates among elderly women and men.
- Tan Chuan-Jin reported that about 312,000 women were economically inactive due to family responsibilities, with no data on their HDB flat types.
- The average CPF balance for women who turned 65 in 2013 was $56,000, influenced by historical factors like lower wages and fewer women working.
- Around half of women aged 65 and older were widows, and 35% of beneficiaries under the ComCare Long Term Assistance scheme were female.
- The government emphasized that CPF balances alone do not reflect vulnerability, citing other resources and support schemes for the elderly.