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Topic: Retirement and Re-employment of Older Workers (Legislation…
Topic: Retirement and Re-employment of Older Workers
Different types of government initiative
Special Employment Credit
Criteria for re-employment
Medically fit to continue working
satisfactory work performance
Legislation governing retirement and re-employment
Consultation & Notification
Contract
- 1 year of renewable contract until 65 years old /5 year long contract until employee turn 67 years old.
Wages
Recognition & Reward
*Job arrangement for re-employment
Medical Benefit
Leave Entitlement & Other benefits
Eligibility
Employment Assistance payment
- helps eligible employees who are not re-employed tide over a period of time while they look for another job.
Importance of EAP
rely on the financial support provided
Obligation to re-employ employees
Dispute Resolution
Factors influencing the re-employment decision
Need to provide additional yet essential training and development courses
Attitude towards older employees