S$66 million boost for age-friendly moves

Singapore

EMPLOYERS will be given more money to help put in place age-friendly practices to make work easier, safer and smarter for older workers as the government moves to raise the re-employment age from 65 to 67.

At the same time, the cap on the S$10,000 lump sum given under the tripartite guidelines - to tide over older workers not offered re-employment while they seek another job - is being raised to S$13,000.