Changes hurt but early notice helps: business response

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Changes to statutory retirement, re-employment age and CPF contributions for older workers hurt but early notice helps: business response

While business costs will go up with the move to raise the statutory retirement and re-employment age as well as to increase Central Provident Fund contributions for older workers, many companies in Singapore are thankful for the early notice and gradual implementation of the

changes.WHILE business costs will go up with the move to raise the statutory retirement and re-employment age as well as to increase Central Provident Fund contributions for older workers, many companies in Singapore are thankful for the early notice and gradual implementation of...

 

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