NTUC raises retirement, re-employment ages of its staff ahead of national schedule

Those who work for the National Trades Union Congress (NTUC) will get to stay on till 64 and, if eligible and willing, be re-employed till 69 come Jan 1, 2025.

- Tay Hong Yi

NTUC said in a statement on Dec 9 that the latest increases to its retirement and re-employment ages come 1½ years ahead of the national schedule and is in line with its commitment to age-inclusive employment practices.

The current retirement age of 63 and re-employment age of 68 have been in place since 2022.

The Government had said in 2019 that the retirement age would be raised in steps to 65 and the re-employment age to 70 by 2030.

The Public Service Division said in July it would take the lead to raise the retirement age to 64 and re-employment age to 69 from July 1, 2025, one year ahead of the date set for this fresh round of increases.

On Dec 9, NTUC said it is committed to supporting its older staff before they reach the retirement and re-employment ages.

It noted that it has raised both these ceilings ahead of national schedule for the second time since 2019.

NTUC previously raised the retirement age to 63 and re-employment age to 68 for its employees in 2021, which was also 1½ years ahead of the national schedule.