Pioneer Generation Fund liabilities exceed balance by nearly S$785 million
A parliamentary committee report also found that the S$10 billion Future Energy Fund has yet to make any expenditure. The fund could support nuclear power infrastructure if Singapore decides to deploy nuclear energy, says the government.
The Pioneer Generation Fund's estimated liabilities have surpassed its balance by nearly S$785 million as of the end of the financial year on March 31, 2025, according to a parliamentary committee report. The S$10 billion Future Energy Fund, which could potentially support nuclear power infrastructure in Singapore, has yet to make any expenditures.
The committee, responsible for suggesting improvements to the government's budget, has urged the government to regularly review the estimated liabilities and trends of use of the Pioneer Generation Fund to ensure its sufficiency and to top up the fund when necessary to honor commitments made to the seniors.
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