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Wednesday, 25 July 2018

NTUC chief calls for more companies to voluntarily raise retirement age

LABOUR chief Ng Chee Meng has called for more employers to voluntarily raise the retirement age of their workers beyond the statutory requirement of 62, as he commended Gardens by the Bay for being the latest company to do so.

A raised retirement age will allow older workers to continue working, earn an income and contribute, he said.

Mr Ng was speaking on Wednesday at the signing ceremony of a memorandum of understanding in which Gardens by the Bay pledged to raise its retirement age to 65 from next year (2019).

"NTUC fully supports this initiative by the Gardens. It is something that we hope other employers will follow," said Mr Ng, who is Secretary-General of the National Trades Union Congress (NTUC).


But; more and more younger ones want to FIRE or FIRe!


1 comment:

  1. Government should take lead and encourage job sharing so that more can join FIRe movement and still contribute little bit to workforce. LOL!


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