NTUC Raises Retirement and Re-Employment Age – A Comprehensive Review

NTUC recently announced its move to raise the retirement and re-employment age ceiling for the second time since 2019, demonstrating its commitment to supporting older employees before they reach retirement age. This proactive approach by the labor movement aims to provide meaningful employment opportunities and create a more inclusive workforce.

Full Review

NTUC engages employees approaching retirement early to discuss re-employment and retirement plans, offering targeted training opportunities to help them remain relevant. Older workers are assured of consistent employment benefits and salary upon re-employment, with tailored learning and development support provided. Job redesign and flexible work arrangements are offered as needed to accommodate older workers.

NTUC Secretary-General Ng Chee Meng emphasized the importance of older employees, highlighting their experience, dedication, and resilience in driving Singapore’s economy forward. The early raising of the retirement and re-employment age ceiling aims to make older workers feel valued and appreciated, as exemplified by Mr. Lee Teck Yeow, an outlet executive at Kopitiam in Fairprice Hub.

Conclusion

The proactive steps taken by NTUC to raise the retirement and re-employment age ceiling demonstrate a commitment to building a more inclusive workforce and providing valuable opportunities for older employees. This initiative not only benefits individual workers but also contributes to the overall strength and resilience of Singapore’s economy.

FAQs

1. What is the significance of NTUC raising the retirement and re-employment age?

NTUC’s decision to raise the retirement and re-employment age demonstrates a commitment to supporting older employees and building a more inclusive workforce.

2. How does NTUC engage employees approaching retirement?

NTUC engages employees early to discuss re-employment and retirement plans, offering targeted training opportunities to help them remain relevant.

3. What benefits are older workers assured of upon re-employment?

Older workers are assured of consistent employment benefits and salary upon re-employment, with tailored learning and development support provided.

4. What support does NTUC offer for job redesign and flexible work arrangements?

NTUC offers job redesign and flexible work arrangements as needed to accommodate older workers and ensure a conducive work environment.

5. How does NTUC Secretary-General Ng Chee Meng view the role of older workers?

NTUC Secretary-General Ng Chee Meng emphasizes the importance of older workers, highlighting their experience, dedication, and resilience in driving Singapore’s economy forward.

Tags

NTUC, retirement age, re-employment age, older workers, inclusive workforce