Bill introduced to amend Retirement and Re-employment Act to change statutory limits for prescribed minimum retirement age and re-employment age

27 October 2021

On 4 October 2021, the Retirement and Re-employment (Amendment) Bill (“Bill”) was introduced in Parliament.

The Bill seeks to amend the Retirement and Re-employment Act (“RRA”) to change the statutory limits for the prescribed minimum retirement age and the prescribed re-employment age.

Under the Bill, the Minister for Manpower may, by notification in the Gazette, specify the prescribed minimum retirement age applicable to any class of employees, which must be at least 62 years, but not more than 65 years (currently 67 years). In other words, the statutory cap on the prescribed minimum retirement age will be lowered from 67 to 65 years.

Under the Bill, the Minister may also, by notification in the Gazette, specify the prescribed re-employment age applicable to any class of employees, which must be at least 67 years, but not more than 70 years (currently 67 years). In other words, the statutory cap on the prescribed re-employment age will be raised from 67 to 70 years.

Reference materials

The Retirement and Re-employment (Amendment) Bill is available on the Parliament website www.parliament.gov.sg.