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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!