This is part of a move to progressively increase the retirement and re-employment ages to 65 and 70.
SINGAPORE: From 2026, employees can only be asked to retire when they turn 64 years old as the retirement age in Singapore rises by one year.
This is part of a move to progressively increase the retirement age in Singapore to 65 by the year 2030.
The re-employment age will also be raised to 69 in 2026, Minister of State for Manpower Gan Siow Huang said in parliament on Monday (Mar 4).
That means employers must offer employees re-employment until they reach 69 years old. By 2030, the re-employment age will be increased to 70.
Singapore citizens and permanent residents who have satisfactory work performance and are medically fit to continue working are eligible for re-employment.
For employees who only joined the company after turning 55, they must also have served their current employer for at least two years before reaching the retirement age to be eligible.
The re-employment contract should be for at least one year, and be renewable every year.
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