Singapore, unions agree to raise retirement age


SINGAPORE (Reuters): Singapore, the world's second-fastest ageing society, has reached agreement with trade unions and employers to increase the retirement age, its manpower minister said on Tuesday.

The current retirement age is 62, while companies are required by law to offer eligible employees the option of continuing to work until they are 67 - the so-called re-employment age.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

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