Enactment of the Retirement and Re-employment Act (RRA) and updated Tripartite …..

Enactment of the Retirement and Re-employment Act (RRA) and updated Tripartite …..

Enactment of the Retirement and Re-employment Act (RRA) and updated Tripartite Guidelines on the Re-employment of Older Employees

The Government decided in 2007 to introduce re-employment legislation by 2012. As Singapore’s resident workforce ages, the objective of re-employment is to provide workers with the opportunity to work longer so that they can continue to contribute to their organization, earn a regular income and build up their retirement adequacy. At the same time, it provides employers with the flexibility to continue to tap on the contribution of their experienced older employees.

The Tripartite Implementation Workgroup on Older Workers (TIWG) issued the Tripartite Guidelines on Re-employment of Older Employees in March 2010.

Following extensive consultations with employers, employees/unions and the public, the Guidelines were updated to incorporate feedback and suggestions received, and MOM drafted the Retirement Age (Amendment) Bill which introduces new provisions relating to re-employment in the law.

The Retirement Age Act will be renamed accordingly as the Retirement and Re-employment Act (RRA).

The Guidelines serve to complement the re-employment law and will be published in the Gazette to provide a basis for mediation and adjudication of re-employment disputes.

Click here for the updated Tripartite Guidelines on the Re-employment of Older Employees.

Click here for the one-stop information resource centre on Re-employment, a joint effort by SNEF, NTUC & MOM.

Click here for the course details on the half day workshop on ‘The Retirement and Re-employment Act and Gazetted Tripartite Guidelines on Re-Employment of Older Employees’.