12 Jan '11, 3am

EnterpriseOne - Retirement And Re-employment Act Passed In Parliament

It is now official: From 1 January 2012, employers in Singapore must offer to re-hire their mature workers beyond the minimum legal retirement age of 62 years old. The re-named Retirement and Re-employment Act (RRA) was passed in Parliament yesterday. Mature workers are eligible for re-employment if: they have satisfactory work performance they are medically fit Employers should put in place suitable appraisal systems to assess their workers’ performance. It is the employers’ responsibility to show proof that a worker is not suitable to be re-hired. Under the RRA: employers must offer a one-time Employment Assistance Payment. This is for eligible older workers who still want to work, but are not re-hired as there is no suitable job vacancy for them in the company employers and workers with a dispute about re-hiring can approach the Ministry of Manpower (MOM) for help The p...

Full article: http://www.business.gov.sg/EN/News/20110112RRAPassed

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