MALAYSIA – PETALING JAYA: “Policies and programmes are needed in Malaysia to protect and care for the elderly population, says Tan Sri Hasmy Agam, chairman of the Human Rights Commission of Malaysia (Suhakam).’As an increasing number of Malaysians are living well into old age, they are in greater need of assistance in performing routine functions,’ said Hasmy.” Read more here in “Confronting the Old Age Conundrum.”
CHINA – SHANGHAI: “More than 70 percent of elderly people in Shanghai are open to a house-for-pension program, a survey showed, despite a recent public outcry against the idea raised in a central government document. . . Under the program, an elderly person who owns a property could deed the house to an insurance company or bank, which would determine the value of the property and the applicant’s life expectancy, and pay out a fixed amount of money every month.” [Like a reverse mortgage here.] Read more here in “Shanghai Elderly Open to House-for-Pension Plan.”
