Why announce it so early?

As a responsible government:

• We think and plan ahead to ensure Singaporeans needs are met.

• We know healthcare and other social spending will increase with our ageing population.

• Should not wait until the last minute and surprise Singaporeans. Need to inform Singaporeans ahead of time.

• Better to be upfront and honest with our people now so they can prepare and make arrangements.

• It is the right and proper thing to do.