Singapore to raise retirement age to 65, re-employment to 70

Singapore is raising the legal retirement age to 65 and the mandatory re-employment age to 70 starting in 2029, signalling a significant shift in how the city-state manages its ageing population and labour force dynamics.

The move comes as part of broader efforts to address demographic challenges and extend productive working lives for older workers. Under current regulations, Singapore's retirement age stands at 62, with a re-employment age of 67. The new changes will be phased in to give employers and workers time to adjust to the revised framework.

To support the transition, the government will establish a dedicated office tasked with assisting companies in redesigning job roles to suit older workers. The office will promote flexible work arrangements, including part-time positions and job-sharing schemes, enabling seniors to remain engaged in the workforce while maintaining work-life balance.

The initiative reflects Singapore's recognition that many workers wish to remain economically active beyond traditional retirement ages, while addressing potential labour shortages in a rapidly ageing society. Officials have indicated that the expanded flexibility will benefit both employers seeking experienced talent and workers seeking to extend their professional lives.