Proposals · Part II · Rebuilding the hawker economy

The Hawker Security Package

The programme's first acts are cover: free group critical-illness cover for older stallholders, and the FMAS–NTUC group-cover route widened to stallholders.

PHILANTHROPY-FUNDED · GIVEN, NOT TRADED
EXTENDS THE FMAS–NTUC GROUP COVER

It is delivered before any documentation request, survey or co-design ask. Group critical-illness cover is negotiated at pool rates for every stallholder aged 55+ at each pilot centre, the Lighthouses first (about 70 in every 120 stallholders, 238 at the three centres, about $750 a head a year, about $178,500 a year at the three), free in year one. Where it fits, the Package extends NTUC U SME's group cover for FMAS merchants' workers to critical illness and to stallholders themselves. It does not pay for exhausts, ducting or stall repairs: those are the landlord's and the hawker's own business, NEA or the Town Council for the centre, the hawker for his stall.

Who pays

PHILANTHROPY-FUNDED · BUILDS ON

What it costs

≈$750 SGD · per head per year (critical-illness cover)

bought at group rates, for every stallholder aged 55 or over at each pilot centre – the Lighthouses first – and free in the first year. Assumption: about 70 in every 120 stallholders are 55 or over, because only the median age (60) is published

Budget lines from the ledgers
Year	Line	Amount	Section
Yr 0	Group critical-illness pool – 169 stallholders 55+ × ≈$750, year one free	$126,750	the Budget Book, B.2
Yr 1	Group critical-illness pool – renewed; year one at Tekka	$178,500	the Budget Book, B.3
Yr 2	Group critical-illness pool – 238 stallholders, renewed	$178,500	the Budget Book, B.4
Yr 3	Group critical-illness pool – 238 stallholders, renewed	$178,500	the Budget Book, B.5

What it builds on

NTUC U SME's group term life of up to $40,000 for workers of merchants in FMAS-affiliated associations, under its July 2024 memorandum with FMAS (§2.9).

Who gains

Hawkers: Insurance – first (§1.4).
Government: Seniors' dignity delivered visibly: an insurance card in an aunty's hand beats any press release (§1.4, §2.9).

Where the library discusses it

§2.9 · §the-plan · §1.3 · §6.1 · §6.6 · the Budget Book, B.2 · the Budget Book, B.3 · the Budget Book, B.4 · the Budget Book, B.5 · §2.11.1 · §2.11.2