1 out of 2 Singaporeans won't stop working after reaching retirement
Surprisingly, 69% of bosses will re-employ them.
According to a JobStreet.com survey, Singaporeans want to keep working even after reaching retirement age
58% of workers indicated they plan to continue working after they reached retirement. 12% said they preferred to continue working with their current employers and would ask for an employment extension.
87% of employers responded that they are open to postponing the retirement of existing workers. 69% of the employers even mentioned that they were willing to offer the same remuneration and benefits upon re-employment of the retired staff.
With the increase in life expectancy in Singapore, senior workers are considering to postpone their retirement beyond the country’s statutory minimum retirement age of 62 years old.
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