Singapore will gradually raise its retirement age from 62 to 65. The retirement age will rise to 63 in 2022 and to 65 by 2030.
Singapore will gradually raise its retirement age from 62 to 65. The retirement age will rise to 63 in 2022 and to 65 by 2030.
Singapore has the longest life expectancy in the world and expects its population to be working longer and living healthier lives.
Also, many want to stay employed to build up a bigger nest egg for when they eventually retire. Singapore will also raise its re-employment age from 67 to 70 by 2030. Under the re-employment law, companies in Singapore are required to offer eligible employees the option of continuing to work until they are 67.
Singapore has the longest life expectancy in the world and expects its population to be working longer and living healthier lives.
Also, many want to stay employed to build up a bigger nest egg for when they eventually retire. Singapore will also raise its re-employment age from 67 to 70 by 2030. Under the re-employment law, companies in Singapore are required to offer eligible employees the option of continuing to work until they are 67.
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