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Re-employment age to be raised.

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  • Needhelp2016's Avatar
    52 posts since Mar '16
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      Re-employment age to be raised to 67 years old. Read the whole article via below link.

      Source:

      http://news.asiaone.com/news/business/parliament-re-employment-age-older-workers-be-raised-67-july-1-next-year

       

      I wonder if the CPF Life withdrawal age will also be raised to 67. AT 55 Singaporeans will set aside amount from their ordinary and special accounts to the retirement accounts for CPF Life. There which they will withdrawal a monthly amount at age 65. I hope Government will not delay until 67 years old now. Some odler people may not be fir enough to work. And i think CPF LIFE should allow people to start drawing the monthly payments at age 60.

      Those who are able to work and wish to can work and draw a monthly salary, while CPF Life as additional source of income for the older generation.

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