raising the employer and employee contributions to the mpf would be a start. in addition they could spend a fraction of the cash pile on which the government is sitting on the OAPs instead of bridges to nowhere and useless railway connections
Without any reform on the fees and charges that the fund managers take from the contributions?raising the employer and employee contributions to the mpf would be a start.
Perhaps they can increase the taxes to help make up for some of this shortfall.
There are a number of other profit making government schemes would could be used as well just by setting aside a % for pensions, or at least the poor.
Maybe 20 or 25% of the land sales to developers can be added to the pot?