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NTUC to raise retirement, re-employment ages in 2021, ahead of national schedule

All of its 12 social enterprises, which include FairPrice, Foodfare, Income and First Campus, will also do so from July 1, 2021

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The raising of the retirement age and re-employment age ceiling was announced by Prime Minister Lee Hsien Loong at the National Day Rally in August. The ages will go up to 65 and 70 respectively, by 2030. They will first go up from 62 to 63, and from 67 to 68, respectively, from July 1, 2022.

Singapore

THE National Trades Union Congress (NTUC) will raise the retirement age and re-employment age ceiling for its workers to 63 and 68 respectively from Jan 1, 2021, ahead of the national schedule.

All of its 12 social enterprises, which include FairPrice, Foodfare, Income...

sentifi.com

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