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RETIREMENT & RE-EMPLOYMENT ACT (Eligibility Criteria ((2) With company…
RETIREMENT & RE-EMPLOYMENT ACT
Retirement Age(MIN): 62
Re-employment Age (MAX): 67
Eligibility Criteria
(2) With company for at least 3 years before turning 62
(3) Has satisfactory work performance
(1) Singaporean / Permanent Resident
(4) Medically fit to work
Tripartite Guidelines to Re-employment
Planning and preparing employees for re-employment
Re-employment planning and consultation
Job arrangements for re-employment
Identifying eligible employees
The Re-employment contract
Duration of re-employment
Wages and medical and other benefits
Offer of re-employment
Termination with notice
Disputes
Not offered re-employment (for eligible employee)
Unfair terms & conditions or EAP amount
Consequences of Violation
Unlawfully dismissed on the ground of age
reinstate employment
pay equivalent salary
Unreasonable denial of re-employment
re-employ employee
just and equitable compensation
Government Grants
Enhanced WorkPro Grants
Job re-design Grant
Age Management Grant
Work-life Grant
Special Re-employment Credit (SEC)
Employment Assistance Payment (EAP)
Ineligibility Notice