International Journal of Business and Economics Research

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The Collaborative Governance Mechanism and Enlightenment of Singapore Elderly Security System

Received: 14 June 2018    Accepted: 11 July 2018    Published: 06 August 2018
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Abstract

The CPF system held by government realize organic combination of housing and pension through purchase allowance and house-for-pension scheme, lifelong income for pension plans guarantees knock-down security. The CPF system has a certain function of redistribution. The government opposes generous welfare system and emphasizes the traditional family values and self-support; through the organic combination of law, principle and emotion, and the employment benefits, the family-support and self-support are unity. Enterprises have the inherent power to hire the elderly. Social organizations in the government’s support and control communicate the government and the people with propaganda publicity and providing support for the elderly. The key mechanism of the pension action for multiple unities is the authority government’s effective intervention. Its security is the government’s strong credibility and public participation mechanism, which is of significance to construct China’s old-age security system.

DOI 10.11648/j.ijber.20180704.12
Published in International Journal of Business and Economics Research (Volume 7, Issue 4, August 2018)
Page(s) 88-96
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Singapore, Old Age Security System, Cooperative Governance Mechanism

References
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Author Information
  • Department of Tax and Public Management, Jiangxi University of Finance and Economics, Nanchang, China

  • Department of Tax and Public Management, Jiangxi University of Finance and Economics, Nanchang, China

  • Department of Tax and Public Management, Jiangxi University of Finance and Economics, Nanchang, China

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  • APA Style

    Yu Juyun, Cai Yucen, Ai Ting. (2018). The Collaborative Governance Mechanism and Enlightenment of Singapore Elderly Security System. International Journal of Business and Economics Research, 7(4), 88-96. https://doi.org/10.11648/j.ijber.20180704.12

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    ACS Style

    Yu Juyun; Cai Yucen; Ai Ting. The Collaborative Governance Mechanism and Enlightenment of Singapore Elderly Security System. Int. J. Bus. Econ. Res. 2018, 7(4), 88-96. doi: 10.11648/j.ijber.20180704.12

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    AMA Style

    Yu Juyun, Cai Yucen, Ai Ting. The Collaborative Governance Mechanism and Enlightenment of Singapore Elderly Security System. Int J Bus Econ Res. 2018;7(4):88-96. doi: 10.11648/j.ijber.20180704.12

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  • @article{10.11648/j.ijber.20180704.12,
      author = {Yu Juyun and Cai Yucen and Ai Ting},
      title = {The Collaborative Governance Mechanism and Enlightenment of Singapore Elderly Security System},
      journal = {International Journal of Business and Economics Research},
      volume = {7},
      number = {4},
      pages = {88-96},
      doi = {10.11648/j.ijber.20180704.12},
      url = {https://doi.org/10.11648/j.ijber.20180704.12},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.ijber.20180704.12},
      abstract = {The CPF system held by government realize organic combination of housing and pension through purchase allowance and house-for-pension scheme, lifelong income for pension plans guarantees knock-down security. The CPF system has a certain function of redistribution. The government opposes generous welfare system and emphasizes the traditional family values and self-support; through the organic combination of law, principle and emotion, and the employment benefits, the family-support and self-support are unity. Enterprises have the inherent power to hire the elderly. Social organizations in the government’s support and control communicate the government and the people with propaganda publicity and providing support for the elderly. The key mechanism of the pension action for multiple unities is the authority government’s effective intervention. Its security is the government’s strong credibility and public participation mechanism, which is of significance to construct China’s old-age security system.},
     year = {2018}
    }
    

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    AB  - The CPF system held by government realize organic combination of housing and pension through purchase allowance and house-for-pension scheme, lifelong income for pension plans guarantees knock-down security. The CPF system has a certain function of redistribution. The government opposes generous welfare system and emphasizes the traditional family values and self-support; through the organic combination of law, principle and emotion, and the employment benefits, the family-support and self-support are unity. Enterprises have the inherent power to hire the elderly. Social organizations in the government’s support and control communicate the government and the people with propaganda publicity and providing support for the elderly. The key mechanism of the pension action for multiple unities is the authority government’s effective intervention. Its security is the government’s strong credibility and public participation mechanism, which is of significance to construct China’s old-age security system.
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