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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

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.

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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