Older workers

SINGAPORE BUDGET 2026

Budget 2026: S$3.6 billion in PWCS funding helped 110,000 employers give wage increases from 2022 to 2024

The median monthly raise supported by the scheme was about S$250, across more than 710,000 workers

Liew Nam Soon (left), Singapore managing partner, EY, notes the importance of inclusive growth, and EY's Singapore head of tax, Amy Ang, says the city-state must ensure that its tax regime remains relevant and effective.
SINGAPORE BUDGET 2026

EY proposes AI, green transition support, tax system tweaks in Budget 2026 wish list

The firm is also calling for measures to support the green transition and the workforce

NTUC has pushed for the Workplace Fairness Act, which ensures a level playing field for all workers, the message says.

NTUC will collaborate with tripartite partners to protect all workers from tariff impact

The labour movement will help different groups – from platform workers to caregivers – overcome challenges and seize new opportunities, say its leaders in their May Day message

The new workgroup will study policy recommendations to help senior workers be productive and employable, as well as promote age-friendly jobs and workplaces.
SINGAPORE BUDGET 2025

Singapore’s tripartite workgroup on senior employment to form Alliance for Action for multi-stage careers

One of its first tasks will be setting up the Alliance for Action on Empowering Multi-Stage Careers for Mature Workers

The government is working with insurance companies and hospitals to manage the gradient of healthcare cost increases.

Singapore still mulling design of possible CPF retirement investment scheme: PM Wong

This is to see if such a programme can be designed to provide certainty of greater returns while minimising risk

Japan is facing a steadily worsening population crisis, as its expanding elderly population leads to soaring medical and welfare costs, with a shrinking labour force to pay for it.

Japan’s elderly population hits record high

THE number of people in Japan aged 65 or older hit a record high of 36.25 million this year, government data shows, as the country contends with one of the world’s fastest-ageing societies.

Ideas for unemployment support, aid for older and younger workers, freelancers, lower-wage workers and workers with disabilities were suggested by MPs.
SINGAPORE BUDGET 2024

MPs suggest tweaks, raise questions about labour policies for various worker groups in Budget debate

FROM mid-career upskilling to enhanced wage top-ups for the lower-income, Members of Parliament had ideas for varied groups of workers in the second day of the Budget debate on Tuesday (Feb 27).

What Budget 2024 has for you

What Budget 2024 has for you

AGAINST the stark realities of a less stable operating environment, Budget 2024 is about taking concrete steps to build a shared future together, Finance Minister Lawrence Wong said in this year’s Bud...

One recommendation was for employers to be given additional salary support when employees aged 45 and above attend training courses.
SINGAPORE BUDGET 2024

Panel calls for help for older workers, government grants that run longer in Budget 2024

PANELLISTS at a pre-Budget roundtable have suggested that the government’s upcoming spending plan should include support for older workers who improve their job skills, and a longer-term approach to g...