Retirement and Re-employment Age in Singapore
The official retirement age in Singapore has been gradually increased to help older workers stay employed longer.
As of July 1, 2022, the retirement age is 63 years, and the re-employment age is 68 years.
Employers cannot ask employees to retire before that age.
Implications for Employers and Employees on Retirement and Re-Employment in Singapore
For Employers
Employers must adapt their HR policies to accommodate the new retirement and re-employment ages. This includes:
- Revising Retirement Policies: Updating internal policies to reflect the new retirement and re-employment ages.
- Succession Planning: Developing strategies for knowledge transfer and succession planning to ensure smooth transitions.
- Employee Benefits: Adjusting employee benefits packages to cover older workers adequately.
For Employees
Older workers benefit from the opportunity to continue working and contributing to the workforce. This change supports financial stability and allows them to use their experience and skills longer.
Long-term Impact on Workforce and Economy
Increasing the retirement age aligns with Singapore’s efforts to address the challenges of an aging population. It promotes an active lifestyle for older workers and helps maintain a robust workforce, contributing to the country’s economic sustainability.
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The recent changes to Singapore’s retirement and re-employment age are crucial for fostering an inclusive and supportive work environment for older employees. By understanding these changes and adapting HR policies accordingly, employers can ensure compliance and support their workforce effectively.
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Please note that all the information listed below are to be used as a general guideline. For more detailed accounts of Singapore employment laws and regulations, please visit the official governmental websites.
Updated on: April 2026
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