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Re-Employment Age Raised From 65-67 From July 2017! Keep Working Till Karoshi!

JohnTan

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SINGAPORE: The re-employment age of older workers will be raised from 65 to 67 on Jul 1, 2017, Minister of State for Manpower Sam Tan announced in Parliament on Friday (Apr 8) as part of the Committee of Supply debate.

He added that the additional wage offset of 3 per cent for employers who re-employ workers above the age of 65, which is currently in place, will continue to Jul 1, 2017, as previously announced.

EXPANDED RE-EMPLOYMENT OPTIONS

Mr Tan also announced new re-employment options for employees. Noting that employers can sometimes help workers secure re-employment in a related or subsidiary company, the Minister of State said that the law will be amended to allow a new employer to take on the re-employment obligations of the the original employer. This will be subject to the employee's agreement, and will take effect Jul 1.

And in the situation where re-employment in not possible, the Employment Assistance Payment amounts and age coverage will be increased accordingly, said Mr Tan.

To help employers and workers be prepared for the upcoming changes, the Tripartite Guidelines on the Re-employment of Older Employees has been updated, and will be released over the next few weeks, the Minister of State said.

http://www.channelnewsasia.com/news/singapore/re-employment-age-raised/2678966.html?cid=FBsg
 
Disappointing….the civil servants Ive spoken with were pushing for 75.
 
CPF really broke!!!

They delay you from withdrawals!!!
 
what is the point of raising retirement age when increasing there is NO job due to all stolen by f trashes aided by govt and wayanged by LSS
 
...re-employment age of older workers will be raised from 65 to 67 on Jul 1, 2017, Minister of State for Manpower Sam Tan announced in Parliament on Friday (Apr 8)
To help employers and workers be prepared for the upcoming changes, the Tripartite Guidelines on the Re-employment of Older Employees has been updated, and will be released over the next few weeks, the Minister of State said. http://www.channelnewsasia.com/news/singapore/re-employment-age-raised/2678966.html?cid=FBsg
Need to distinguish statutory retirement age (now 62) from re-employment age (now 62-65). Re-employment option is now yearly or straight to 65.
Will the RRA (Retirement & Re-employment Act) be updated, or just only the Tripartite Guidelines in "next few weeks"?
 
Ah Gong was working for Singapore till the day he died. All sinkies should learn from him. What's 67 years old?
 
Retirement age should be raised to 70. With the average sinkie living till 80, 13 years of CPF money won't last.
 
Retirement age should be raised to 70. With the average sinkie living till 80, 13 years of CPF money won't last.

Why bother having a retirement age at all, just work until drop dead. :D
 
Ah Gong was working for Singapore till the day he died. All sinkies should learn from him. What's 67 years old?

Ah Gong was the boss & he had plenty of assistants to do the real work.
 
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Ah Gong was the boss & he had plenty of assistants to do the real work.

Even when Ah Gong wasn't the official boss, he still had plenty of assistants to do the real work. :D
 
Employment Age Raised From 65-67 From July 2017! Keep Working Till Karoshi!

Ah Gong was working for Singapore till the day he died. All sinkies should learn from him. What's 67 years old?

dun cannon lah.... yes; he was collecting salary till the day he up lorry, not working till the end... ok !!! :eek:
 
Re: Employment Age Raised From 65-67 From July 2017! Keep Working Till Karoshi!

dun cannon lah.... yes; he was collecting salary till the day he up lorry, not working till the end... ok !!! :eek:

Some people interpret it as collecting salary means working. That's just the way sinkies are. :D
 
Sinkies, when the govt raises the re-employment age. It does not mean that you die die must work and follow it..

The stupid govt can raise whatever age they want, it is still up to the people to choose if they wanna follow it..

Everyone show the govt the middle finger, they raise their whatever stupid age also no use..
 
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