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Plans unveiled to help older workers stay employed

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

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    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.

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    Heng Swee KeatSingapore Budget 2020

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