Older workers may soon be able to work until they turn 67. The Government is looking into further raising the re-employment age from 65 by a further two years, said Senior Minister of State for Manpower Amy Khor on Friday.
Since January 2012, firms are required by law to offer re-employment to workers aged between 62 and 65, provided they are healthy and have satisfactory work performance.
There have been calls to raise the age ceiling further so that those who turn 65 can continue to work if they want to.
Earlier on Friday during the debate on the Manpower Ministry's budget, labour MP Heng Chee How (Whampoa) had asked for a time-frame for seniors to keep working, so that firms that hire seniors can plan for the change.
Responding, Dr Khor said that MOM will announce the "appropriate time frame for raising the re-employment age" when it is ready.
But she added that the Government is not relying solely on legislation to support the employment of older workers. A committee comprising unionists, firms and government officials has been formed and it will be running programmes to coax employers to hire older workers, such as by highlighting the positive attributes of seniors and the experience they bring to firms.