Retirement age law takes effect, disallowing companies to ask workers to retire before age 60. Previously, the unofficial retirement age was 55 years, coinciding with the age when people can withdraw their Central Provident Fund savings.
Tripartite committee on extending the retirement age appointed to study how the retirement age can be raised progressively to 67 years.
Retirement age raised to 62.
Parliament passes the Retirement and Re-employment Act, which introduces rehiring of older workers beyond age 62, from 2012.
Re-employment age starts, requiring employers to offer eligible workers re-employment up to age 65 or a one-off payment if no jobs are available. Companies still cannot ask workers to retire before age 62.
Manpower Ministry announces that re-employment age will go up to 67 years from July 1, 2017.
Re-employment age raised to 67.