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Singapore raises retirement age to tackle ageing workforce
04/11/2021
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Shani Alexander
Shani Alexander, Senior reporter

Faced with falling birth rates, longer life expectancy, and a reliance on migrant workers, Singapore will progressively increase its retirement age from next year, eventually raising it to 65 by 2030. Looking to tackle the challenge of an ageing workforce, the city state will also raise the age at which employers will be able to re-employ workers to 70, to allow older Singaporeans to continue working.

 


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