On its move to raise the retirement and re-employment age ceiling for the second time since 2019, NTUC said it is “committed to supporting its older employees before they reach the retirement age and re-employment age”.
“For employees approaching retirement, NTUC engages them early to discuss their re-employment and retirement plans, offering targeted training opportunities to help them remain relevant.
“Older workers are also assured that their employment benefits and salary, remain consistent upon re-employment, unless there is a mutually agreed change in job scope and role.”
It added that those who are re-employed will continue to receive “tailored learning and development support”, as well as access to welfare benefits and retirement planning.
Job redesign and flexible work arrangements will also be offered where needed.
BUILDING A “MORE INCLUSIVE WORKFORCE”
NTUC secretary-general Ng Chee Meng said: “As a labour movement, we commit to giving our older employees access to meaningful employment opportunities.
“By raising the retirement age and re-employment age for our NTUC employees ahead of the national schedule, we are taking proactive steps to build a more inclusive workforce.”
“We care for our older workers and can’t do without them – their wealth of experience, dedication, and resilience are invaluable in driving our economy forward and shaping a stronger Singapore.”
Older NTUC workers like Mr Lee Teck Yeow, 63, said the early raising of the retirement and re-employment age ceiling made him feel valued.
“It’s encouraging to know that I can continue to be a valuable part of my team here,” added Mr Lee, who is an outlet executive at Kopitiam in Fairprice Hub.
The planned increase in retirement and re-employment ages was first announced by the government in 2019, when employees could be asked to retire at the age of 62, and the first increase took place in July 2022.
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