Retirement planning in Singapore: A starter guide for confus

Retirement planning in Singapore: A starter guide for confused millennials


62 years old
65 years old
67 years old
If you work past MOM retirement age, you can re-contract with your employer until this age
According to the Ministry of Manpower, the official Singapore retirement age is now 62 years old  — although it’s slated to go up to age 65 by 2030.
This number is primarily meant to regulate employers, not workers. Should your employer suggest you “retire early to spend time with your grandkids” before age 62, you may have a case against them for unfair dismissal and can appeal to MOM.
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Of course, employers always try to get rid of older employees by throwing around words like “restructuring”, “streamlining”, or “focusing on core competencies”, so it’s not easy to get support for your case.

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