EDITORIAL

FINANCIAL adequacy in retirement is a daunting issue for many Singaporeans, particularly as rising longevity demands that savings be stretched for longer than one may have reckoned for. In this...

[SINGAPORE] Ministers from the Finance Ministry will continue to actively engage businesses, unions and other stakeholders, and develop a support package to help with the transition to higher...

CENTRAL Provident Fund (CPF) contribution hikes for older workers will kick off on Jan 1, 2021, with employers and employees each increasing their contribution by either 0.5, or 1 percentage point...

WHEN can account holders withdraw funds from voluntary Supplementary Retirement Scheme (SRS) accounts without incurring penalties?

NATIONAL DAY RALLY

WHILE business costs will go up with the move to raise the statutory retirement and re-employment age as well as to increase Central Provident Fund (CPF) contributions for older workers, many...

EDITORIAL

IT HAS been more than a year since the government announced the formation of the Tripartite Workgroup on Older Workers to review the longer-term relevance of the retirement and re-employment ages...

SINGAPORE BUDGET 2019

THE Tripartite Workgroup on Older Workers has reached an agreement to lift both the retirement and re-employment age - and Manpower Minister Josephine Teo has given her backing for this "...

About 1 in 4 of Singapore's current labour force is 55 and older, that is, fast approching retirement age. So when insurer Prudential scrapped the retirement age for its employees, it not...

EDITORIAL

IN marketing material for financial products, retirement is pictured as a tranquil time: an elderly couple stretch out on a beach chair as the sun sets in the distance. In numerous surveys,...

THIS WEEK'S TOPIC: Should the CPF withdrawal age be raised as life expectancy in Singapore rises?...