Health Minister Khaw Boon Wan expects that, within 15 to 20 years, Singapore will have a fully developed and stabilised system of 3Es - comprising Eldersave, ElderShield and Elderfund.
He said Singaporeans are already familiar with the safety net provided by the 3Ms - MediShield, Medisave and Medifund.
He added that it was now time to develop the 3Es as Singapore's population ages.