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Amid the tight labour market and tripartite efforts at promoting re-employment, almost all the local employees retiring in 2011 in the private sector were offered employment beyond 62. Most accepted the offer, forming slightly over nine in ten of the retiring cohort.
This report examines the retirement and re-employment practices of private establishments in 2011 in the lead-up to the implementation of the Retirement and Re-employment Act on 1 January 2012.
Released on: 20 July 2012