Oh no! Retirement age will be raised AGAIN in 2026 to...
The Straits Times - Singapore·2024-03-04 16:58
SINGAPORE - Workers who want to work longer will have longer statutory protection with the raising of Singapore’s retirement age from 63 to 64 on July 1, 2026.
The re-employment age will likewise go up from 68 to 69. Companies must offer eligible staff re-employment until that age, though on adjusted terms if necessary, or employment assistance in its place.
Minister for Manpower Tan See Leng announced on March 4 the timeline for the move, which he said was reached with consensus among the tripartite grouping of his ministry, unions and employers.
……Read full article on The Straits Times - Singapore
Singapore Employment Policy
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Salikin Said 09/03/2024
Many jobs have an age limit at 65. So, you may enjoy the extension at your existing company, but elsewhere, you may find difficulty finding jobs.
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Useret80 08/03/2024
only benefit mostly white collar
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scary 08/03/2024
U will kill in the road side
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Fengying 07/03/2024
Look like can’t retire early with everything increasing and CPF payout at 65 .Singapore is an expensive city to stay soon it may increase to 75 years old then retire
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Tan K M reply Fengying 09/03/2024
Vote for better policy
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irene yip reply Tan K M 09/03/2024
what do you mean by a better policy.The things good ,even your insurance policy needs to pump in $.No $ how to have a better policy. .unless you are loaded if not that's the only way..or you do wish to be a parasite to others.
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Happy Hour 04/04/2024
PAP expects Singaporeans to work until death. Ridiculous but no choice because this is the most expensive country the World.This makes our lives so meaningless to be borned to this World - just work and no need to enjoy lives ???
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