Re-employment helps workers ease into retirement, not meant to build up nest egg
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE first thing that hits me after reading the Tripartite Workgroup on Older Workers' proposals is this: I'm left out of it.
All the changes it recommends in the Strengthening Support for Older Workers report, which the government has accepted, only come into force after I am no longer working.
In particular, the move to raise the re-employment age cap to 70 by 2030. This only starts to kick in on July 1, 2022, when the cap on the re-employment age is lifted to 68.
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