A Singapore Government Agency Website
A large majority of establishments have put in place measures to allow their local employees to work beyond the age of 62, ahead of the implementation of the Retirement and Re-employment Act in January 2012. Nearly all local employees retiring in 2010 who were offered employment beyond 62 agreed to stay on. Nevertheless, there is scope for more establishments to engage their employees on re-employment issues.
This report examines staff retirement and re-employment practices in private establishments and updates the progress of their efforts in re-employment of older workers in preparation for the re-employment legislation in 2012.
Released on: 22 July 2011