<ul><li>Singapore is increasing the retirement age from 63 to 64 and the re-employment age from 68 to 69.</li><li>The retirement age will gradually increase to 65 by 2030.</li><li>The government is offering financial support to employers to retain older workers through initiatives such as the part-time re-employment grant (PTRG) and the senior employment credit (SEC) schemes.</li><li>The PTRG provides grants for organizations that re-employ senior workers on a part-time basis with flexible hours, while the SEC scheme offers financial incentives to employers who hire workers aged 60 and above.</li></ul>

Singapore raises retirement age from 63 to 64, re-employment age from 68 to 69

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