» Parliament and Budget
Re-employment age set to rise to 67 .
BY LIM YI HAN
LDER workers may
soon get the chance to
vwork till 67 years old,
giving their savings for
retirement a boost.
The tripartite partners - the
Government, unions and employ-
‘ers— have agreed to work on ex-
tending the re-employment age
for workers from 65 to 67, said
Senior Minister of State in the
Prime Minister's Office Heng
Chee How on the first day of the
Budget debate yesterday.
“Mr Heng, who is also the depu-
ty secretary-general of the Nation-
al Trades Union Congress
(NTUC), said: “With life expect-
ancy continuing to rise, 1 firmly
believe that the re-employment
age ceiling need not and cannot
stagnate at 65.”
‘Currently, Singapore's statuto-
ry minimum retirement age is 62,
but employers have to offer
«re-employment to those eligible
up to age 65.
Mr Heng also wants workers
to be able to work for as long as
they can and pushed for a
ramp-up of workplace health
practices to protect them “against
premature loss of employability
and employment”
He said that jobs that need
‘workers to stay on their feet, or
use their joints often, or sectors
that hire senior workers, should
be targeted to ensure that work-
ers “maintain a level of health
that can allow them to carry on
contributing”.
‘Onthe other hand, Dr Lam Pin
Min (Sengkang West) suggested
abolishing the retirement age alto-
gether, and instead continuing to
pay older workers based on their
performance and contribution.
[MORE SILVER WORKERS: cass at the Centre for Seniors to prepare workers for re-employment. The Goverment, unions and employers
have aprad to work on extending the re-employment age for workers from 65 to 67. PHOTO: THE STRAITS TMES
He said: “We need to ensure
that, in other areas, the elderly
can ‘still participate meaningfully
in society..The non-monetary as-
pects of growing old must not be
neglected and the Government
can do more to help them.”
Meanwhile, other labour is-
sues were thrown up during the
Budget debate. Mr Zainal Sapari
(Pasir Ris-Pungzol GRC) called
for more help for low-wage work-
ers in the form of a fund to tide
them over in cas® their companies
go bust. Workers tend not to get
paid when a firm folds.
He also asked for the National
Wages Council's (NWC's) recom-
mendations for low-wage work.
ers to be made mandatory for all
companies,
‘The NWC’s recommendations
included a pay rise of a least $60 a
‘month for workers earning up to
{$1,000 last year. Firms were left to
choose to implement them, or not.
Nominated MP Teo Siong Seng,
immediate past president of the
Singapore Chinese Chamber of
Commerce and Industry, asked for
more governmeat support for mi-
cro-enterprises and traditional in-
dustres, such as bakeries, noodle
factories and tenlage companies.
“Currently, these traditional in-
dustris face @ numberof problems
the inability to find successors,
shrinking markets, rising rentals
and increasing manpower costs,”
hae sain Mandsrin.
limyihan@:ph.com.sg