More than 50 firms voluntarily raise retirement, re-employment ages: Ng Chee Meng

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SINGAPORE: More than 50 companies have voluntarily raised the retirement and re-employment ages of their workers beyond the statutory ...

Nevertheless, Mr Ng, who is also Minister in the Prime Minister's Office, admitted that there has been some resistance from employers, with worries mainly surrounding costs.

Citing his conversations with some companies, Mr Ng said: “Most of my employers are fair people – I pay you X amount, you deliver that X amount of productivity and I won’t look at your age.”“We got to stay up to date with relevant skills with added skills, hopefully, so that we can be productive. Age will not really be that much of a factor if you are skilful and you keep healthy.

READ: Coffee for 50 cents, company training committees among labour movement’s efforts to help workers

 

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