Thursday, 7 July 2016
NDR 2019: New retirement, re-employment ages of 65 and 70 by 2030; higher CPF contributions for older workers.
What can happen on ground regarding re-employment is NOT within the control of Government. Re-employment is NOT mandatory. Your job can anytime be “redesigned” by your bosses to test your tolerance level.
Uncle8888 was 60 yrs old man who has retired on 30 Sep 2016.
61 yrs old man who was re-employed on 2017 after 62 on yearly contract basis and his boss added value to his job by “redesigning” i.e. add more job roles! Hmm ..
He “voluntarily” retired last year!
The Moral of Story!
Always plan for your own retirement well in advance i.e. at least one decade away from