Raising of Retirement and Re-employment Ages in 2026

8 April 2024

On 4 March 2024, the Ministry of Manpower (“MOM“) announced the next increment in the retirement and re-employment ages effective in 2026.

As background, the Retirement and Re-employment Act 1993 provides certain protections for eligible senior workers who are Singapore citizens and permanent residents. To better support senior workers, the Government is implementing a progressive increase of the retirement and re-employment ages, as set out below.

	Retirement Age	Re-employment Age
Impact	Eligible senior workers are protected from age-related dismissal up until the retirement age.	Employers are required to offer re-employment to eligible senior workers up until the re-employment age.
As of 2022	63 years of age	68 years of age
To be implemented in 2026	64 years of age	69 years of age
Target goal by 2030	65 years of age	70 years of age

The increase in retirement and re-employment ages is announced ahead of time to allow employers to pivot effectively, such as making adjustments to their manpower and upskilling plans to retain their senior workers. Various grants are also available, such as the:

(a) Part-Time Re-employment Grant, which provides support for flexible work options for senior workers; and

(b) Senior Employment Credit, which provides wage offsets to employers of Singaporean workers aged 60 and above.

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