While planning for longer-term moves like the raising of the retirement and re-employment ages, it is equally important to address present-day concerns, said Manpower Minister Josephine Teo yesterday.
For the longer term, the retirement and re-employment ages will be gradually raised beyond 62 and 67 respectively, after the Tripartite Workgroup on Older Workers reached a consensus on this, which Mrs Teo announced last month."I am confident it will motivate both workers and employers to invest in skills upgrading and job redesign for older workers," she said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: