Singapore raises re-employment age roof to 67

The amendments in a re-employment check will take outcome starting July.

As Singapore faces a indolent pursuit marketplace joined with a arise of a ageing population, a council has upheld The Retirement and Re-employment (Amendment) Bill 2016 that will lift re-employment age from 65 to 67.

In Apr 2016, a Ministry of Manpower announced that following endless tripartite consultations, a tripartite partners had concluded to several amendments to take outcome from Jul this year.

Aside from lifting a re-employment age, there will also be an introduction of an ption to concede authorised employees to be re-employed by another employer to boost work marketplace coherence and dismissal of a choice of employers slicing employees’ salary during age 60.

In a statement, MOM pronounced a stream law does not concede employers to send their re-employment obligations to another employer.

“This amendment in a Bill allows an employer who is incompetent to offer a suitable position in his possess organisation, to send his re-employment obligations to another employer, supposing this is finished with a comparison employee’s agree and that a second employer agrees to take over all germane re-employment obligations,” a method said.

Commenting on a flitting of a bill, Singapore National Employers Federation executive executive Koh Juan Kiat urges employers to make early adjustments to their HR practices to serve re-employ workers to age 67.

“Employers can daub on a age management, pursuit redesign and work-life grants to adjust their workplaces and work arrangements to make jobs some-more suitable for their comparison employees,” he said.

Meanwhile, Heng Cheee How, emissary secretary-general of a National Trade Union Congress pronounced a law will mislay a probable slicing of salary during age 60 while swelling a pool of companies that can re-employ a workman reaching a orthodox age of 62 over his evident employer, theme to a worker’s demonstrate agreement.

“These are poignant changes that advantage both employees and companies, and strengthen a re-employment of mature workers. The Tripartite Guidelines have so been revised to incorporate these enhancements, so that firms, unions and workers can exercise these uniformly and correctly,” Heng noted.  

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