Soh Kam Yung
Singapore has implement a re-employment law, where older workers past the statutory retirement age is offered employment under different terms. But it is still a work in progress as this long article shows.
Some companies obey the letter but not the spirit of the law, while some workers expectation of seniority pay leads to mismanaged expectations when offered re-employment.
Soh Kam Yung
Singapore think-tank, the Institute of Policy Studies (IPS), releases a study saying that contribution rates for older workers to the Singapore Central Provident Fund (CPF) should be increased to improve their retirement adequacy.
#Singapore #Retirement #RetirementFunds #Finances #Society
Article on it at [ https://www.todayonline.com/singapore/raise-cpf-contribution-rates-older-workers-be-par-younger-workers-study ].
Report can be found at [ https://lkyspp.nus.edu.sg/ips/news/details/improving-retirement-adequacy-by-restoring-older-worker-cpf-rates ]
Petter SA2PKA Karkea
Soh Kam Yung
Article on how Singapore is trying to tackle the issue of an ageing workforce.
Erkan Yılmaz
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