Savings Scheme to Pool Undisbursed Payouts from Nurses Retention Scheme

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

3 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.

Mr 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.]