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Plans unveiled to help older workers stay employed

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Published Tue, Feb 18, 2020 · 09:50 PM

    Singapore

    A SLEW of measures were unveiled on Tuesday to give a boost to jobs for mid-career and older workers who find themselves left insecure by corporate restructuring and technological disruptions.

    The measures run the gamut of expanded capacity for reskilling, incentives for hiring, credit top-ups as well as wage and Central Provident Fund (CPF) "transition" offsets to help older workers upgrade and to lighten employers' costs of keeping them working longer.

    Heng Swee KeatSingapore Budget 2020

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