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Why this chee bye mouth wait until he goes to Finland before he talk this kind of cock. Wah lau, 68 years is going to 70 before too long. Seems like they want to suka suka raise every few years. Didn't his boss Old goat say sonmething recently that Finland can afford mediocrity in the renumeration of their ministers? If this is the case why is Lim Chee Bye wanting to copy from a mediocre country? Why not look at their favourite country Switzerland's retirement age instead of finland. What an asshole.
S'pore may need to raise retirement age to 68, says Lim Boon Heng
By Hetty Musfirah | Posted: 28 October 2010 1620 hrs
SINGAPORE: Singapore's Minister in the Prime Minister's Office Lim Boon Heng has indicated that the country may need to raise its retirement age to 68.
Mr Lim, who's in Finland accompanying President S R Nathan on his state visit there said Singaporeans need to work longer as their life span increases.
That is because they need to accumulate more for their old age.
Mr Lim who is also the minister in charge of issues on ageing in Singapore, cited Finland as an example, and will use this trip as an opportunity to study how the Finnish are dealing with their ageing population.
Mr Lim added there are areas that Singapore can emulate. One of which is to mobilise the elderly to organise themselves and form retirement communities that can provide mutual support and friendship.
A law that will make it mandatory for employers to offer re-employment to workers beyond the age of 62 will be in place by 2012.
"We are raising the retirement age, through the process of re-employment from the current 62 to 65 in January 2012. Beyond that we would have to examine how we can further raise the retirement age. In Finland, they have raised it to 68, so it gives us an indication about where we should be heading.Because the Finns are not living longer than us, we have a life expectancy of about 80, I think the finns are little less than us," said Mr Lim.
S'pore may need to raise retirement age to 68, says Lim Boon Heng
By Hetty Musfirah | Posted: 28 October 2010 1620 hrs
SINGAPORE: Singapore's Minister in the Prime Minister's Office Lim Boon Heng has indicated that the country may need to raise its retirement age to 68.
Mr Lim, who's in Finland accompanying President S R Nathan on his state visit there said Singaporeans need to work longer as their life span increases.
That is because they need to accumulate more for their old age.
Mr Lim who is also the minister in charge of issues on ageing in Singapore, cited Finland as an example, and will use this trip as an opportunity to study how the Finnish are dealing with their ageing population.
Mr Lim added there are areas that Singapore can emulate. One of which is to mobilise the elderly to organise themselves and form retirement communities that can provide mutual support and friendship.
A law that will make it mandatory for employers to offer re-employment to workers beyond the age of 62 will be in place by 2012.
"We are raising the retirement age, through the process of re-employment from the current 62 to 65 in January 2012. Beyond that we would have to examine how we can further raise the retirement age. In Finland, they have raised it to 68, so it gives us an indication about where we should be heading.Because the Finns are not living longer than us, we have a life expectancy of about 80, I think the finns are little less than us," said Mr Lim.