SINGAPORE, Oct 26 (Bernama-Xinhua) -- Singapore plans to raise its statutory retirement age from 64 to 65 and its re-employment age from 69 to 70 on Jan 1, 2029, a year ahead of the previously scheduled 2030 timeline, reported Xinhua.
World : Singapore Plans To Bring Forward Retirement Age Increases To 2029
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Key takeaways
Singapore plans to increase retirement age to 65 and re-employment age to 70 by 2029, a year ahead of schedule.
- Retirement age will rise from 64 to 65 and re-employment age from 69 to 70 in 2029.
- Six recommendations include tax relief for seniors and new credits to support older workers.
- New programs will promote flexible work and career support for older employees.
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- Bernama World : Singapore Plans To Bring Forward Retirement Age Increases To 2029 (this story)