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2021-11-02

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Singapore to Begin Raising Retirement Age From July 1 Next Year

Singapore is planning to begin raising its retirement age next year as the city-state seeks to addre

Singapore to Begin Raising Retirement Age From July 1 Next Year

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Employers will also be required to offer to re-employ workers as old as 68 in the same organization, up from the existing cap of 67.</p>\n<p>The government has long-signaled its desire to let citizens work longer, with Prime Minister Lee Hsien Loong announcing&nbsp;plans&nbsp;to raise age limits in 2019. Singapore, where about one in five residents will be above 65 by the end of the&nbsp;decade, joins other major economies likeChinathat have announced lifting the retirement age in phases.</p>\n<p>Singapore has also outlined plans to raise age limits further by 2030 to support those who wish to work longer and improve their financial situations in retirement. The timing of future adjustments will depend on prevailing economic conditions, Tan said Tuesday.</p>\n<p></p>\n<p></p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore to Begin Raising Retirement Age From July 1 Next Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore to Begin Raising Retirement Age From July 1 Next Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-02 16:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-02/singapore-to-begin-raising-retirement-age-from-july-1-next-year?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore is planning to begin raising its retirement age next year as the city-state seeks to address the manpower challenges of an aging population.\nThe retirement age will be raised to 63 from the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-02/singapore-to-begin-raising-retirement-age-from-july-1-next-year?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-02/singapore-to-begin-raising-retirement-age-from-july-1-next-year?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139013177","content_text":"Singapore is planning to begin raising its retirement age next year as the city-state seeks to address the manpower challenges of an aging population.\nThe retirement age will be raised to 63 from the current limit of 62 from July 1, manpower minister Tan See Leng said at the start of a debate on a bill implementing the changes in parliament on Monday. Employers will also be required to offer to re-employ workers as old as 68 in the same organization, up from the existing cap of 67.\nThe government has long-signaled its desire to let citizens work longer, with Prime Minister Lee Hsien Loong announcing plans to raise age limits in 2019. Singapore, where about one in five residents will be above 65 by the end of the decade, joins other major economies likeChinathat have announced lifting the retirement age in phases.\nSingapore has also outlined plans to raise age limits further by 2030 to support those who wish to work longer and improve their financial situations in retirement. 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