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Singapore Boosts Senior Employment with Age Extensions

8/13/2025

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Summary

Story summary

A recent study by Singapore's Ministry of Manpower reveals that extending the re-employment age from 67 to 68 in 2022 boosted senior workers' employment by 0.7%. In contrast, raising the retirement age from 62 to 63 only saw a 0.4% increase. Looking ahead, plans are in place to set retirement at 65 and re-employment at 70 by 2030.

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Story summary

A recent study by Singapore's Ministry of Manpower reveals that extending the re-employment age from 67 to 68 in 2022 boosted senior workers' employment by 0.7%. In contrast, raising the retirement age from 62 to 63 only saw a 0.4% increase. Looking ahead, plans are in place to set retirement at 65 and re-employment at 70 by 2030.