What Will the Budget Package Look Like When Singapore’s Millennials Hit Their 70s?
First, there was the Pioneer budget package, for those born before 1950: those who were raised and who toiled in post-war Singapore. Now, we have the Merdeka package, for those born in the 50s, who took up the banner of independence after ‘65.

In a curious inversion of the Western tradition, we in Singapore name generations not as they are born and come of age, but as they age into their own slice of the ever-expanding Budget packages; for the benefits they are slated to receive in their Golden Years.

Pew calls them the Silent Generation, we called them the Pioneers; the early Baby Boomers are now labelled Gen Merdeka in Singapore. We are the Millennials, Generation ‘Why’, and the first explorers of the Internet Age. What’s in store for us?

Budget 2014 had healthcare subsidies for Pioneers; budget 2019 has healthcare subsidies for Merdeka (neers?). What’s the big difference? Won’t our package be simply more subsidies?

As always, the devil is in the details. The Merdeka package has five prongs, four of which are healthcare cost-related: The MediShield Life subsidies, 25% public health institution subsidy, $1.5k CareShield participation incentive, and at least $200 Medisave top-up.

It is the fifth prong that distinguishes it from the Pioneer package—a $100 Passion Silver Card top-up. The Passion Silver Concession Card allows senior citizens to pay cheaper public transport fees, but it can also be used to pay for facilities at CCs and public swimming pools.

The intent is clear: get off your butts, ye Silver Foxes, and start splashing.

If the Merdeka generation needs to exercise, what will we need when we join the demographic of the ‘elderly’, and what will we want provided for us? Which label will come to define this generation in Singapore’s history?

Option 1: Generation Oxley Road

Before we get into all that, we need to answer one question: what characterises the ethos of this generation in Singapore’s history? What is the political zeitgeist of our times?

It’s best expressed not in a word, but in a picture.

An infamous gang of the late ‘10s, the Tighty Whities (2018, colourised)
In 2011, the PAP received its lowest-ever percentage of the vote, with a mere 60% casting their ballot for the men in white. In 2015, the passing of the Big Man initiated a fierce public disagreement over his land—and his legacy—amongst his three children, one of whom is our Prime Minister. In 2018, questions of leadership succession were answered in a key leadership conference, and the Bug-Eyed Boy Wonder was earmarked to lead his troupe into the political circus, just as he leads his Tighty Whities out of the media event, pictured above.

After a lifetime in His shadow, the country is set to no longer be steered by His guiding hand, or that of His descendants (one can hope). The heirs’ squabble over his dynastic abode, Oxley Road, appears symbolic of a greater political interregnum, one that the present Finance Minister and his contemporaries will soon hope to fill.

Generation Oxley Road will not want cash handouts; they will want stability in a fast-changing world. They will want assurance that the government is going to do well, that leadership will transition smoothly and effectively.

Generation Oxley Road will see a reckoning with the HDB lease system as the first leases start to expire. They will want land for their roots in an increasingly land-scarce country.

But one thing remains certain. As with all the generations before them, they will want their CPF money back. Always. Because some things never change.


Option 2: Generation Avocados & Ethical business

The political landscape, however, is not necessarily so much a determinant of social norms as it is a symptom of them. So what are the social norms that will immortalise us?

Generation A&E cares about the impact of what they do, both on themselves and others. Decades of public health campaigns are paying off in more people jogging, gymming, and (vomits) doing Crossfit. We watch what we put in our bodies and demand has skyrocketed for health foods like avocados, chia seeds, and Manuka No-Sweetener-Or-Additives-All-Organic-Probiotic-Postbiotic Honey.

Between ‘14 and ‘16, percentages of those volunteering nearly doubled. In the future, Generation A&E will be the ones demanding that Temasek Holdings divest itself of enterprises that engage in unethical business practices and harmful behaviours. Companies that engage in positive acts of Corporate-Social Responsibility (CSR) will be rewarded by the public, while companies that fail to do so will be frowned upon.

In 2060, Generation A&E will demand a package that subsidises healthy behaviours like the Merdeka package does, but to a wider extent. They will also ask for greater emphasis to be placed on the needy and underprivileged in society, as rising inequality trends clash against greater awareness and a desire for social justice.

Option 3: Generation Climate Change

Beyond Singapore, Generation CC is faced with the mounting international challenge of climate change control. While the population of raggedy men holding cardboard signs reading “The End is Nigh!” quadruples in number, the rest of Generation CC will be forced to contend with the burden left by every generation before it.

Generation CC will be required to make enormous lifestyle and consumption sacrifices in order to survive in this new reality. Their (our) lives will not be better than their parents’, and they will want to be compensated late in their lives – not with material goods, but with kindness, compassion, and the knowledge that their sacrifices were not in vain. They will want a package that protects the earth they fought to keep; if they didn’t want it, they wouldn’t exist, because a future without climate-consciousness is not a future habitable by humans.

Whose Gen Is It Anyway?

We could be identified as any of the above generations, or we could be all of them. Each generation faces collective challenges and trials in their lifetimes; each generation deserves insulation from the vulnerability that is baked into old age.

On one level, naming our generations by benefits packages is just plain silly, but on a deeper level, perhaps it signposts a commitment to the elderly that Singapore will not leave them behind.

Or maybe it’s just another round of Cards Against the Generation, played by a bored political class looking for ways to spice up pre-election packages. Either way, I’m game.

Which Generation will you become? Write in to us at community@ricemedia.co

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