Government should discuss raising of employment age
The Deputy Secretary General of the Labour Movement, Heng Chee How, says the government should start discussions with tripartite partners on "how soon and how best" to raise the re-employment age from the current 65 to 67.
Speaking during the Budget debate, Mr Heng said the time is ripe.
This is given the tight labour market, the need for companies to retain experienced workers, the improved health of older cohorts, and requests from older workers to stay in their jobs.
He also called for re-employed workers to be allowed to keep their existing healthcare co-payment arrangements.
Many companies and organisations terminate prior co-payment arrangements with their re-employed workers.
They would re-start them on different arrangements which generally makes them shoulder more of the cost.
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