Home Front

Raising retirement age: How much does it really matter?

Also important to raise savings, tackle age discrimination and help seniors get quality jobs

ST ILLUSTRATION: MANNY FRANCISCO
New: Gift this subscriber-only story to your friends and family

The retirement age, now 62, is set to be raised. It last went up in 1999, 20 years ago, from 60.

Representatives from the Government, unions and employers are discussing what age to raise it to and when. The Tripartite Workgroup on Older Workers will make its recommendations later this year.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on March 14, 2019, with the headline Raising retirement age: How much does it really matter?. Subscribe