Insurance News
Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
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Thursday, 8 January 2009
Re-employment to age 65
Singapore will not extend its current retirement age of 62 but would instead require employers to offer re-employment to workers at 62 for another 3 years until 65. The re-employment may be for a different job or at a different pay.
Singapore has also ruled out free healthcare as it will lead to uncontrollable and unsustainable demand for healthcare services.
Source: The Star
Labels: Health, Retirement

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