SINGAPOREANS are living longer and not having enough babies to replace themselves, meaning the swiftly ageing population has fewer working citizens supporting the growing pool of elderly.
These worrying trends, which emerged from the latest population figures released yesterday, can exert significant pressure on Singapore’s economy, society and governance in future, said experts. They added that those working may have to toil longer and pay more taxes, and the Government will need to invest more in elder-friendly facilities.