NTUC to raise retirement and re-employment ages for employees in 2025, ahead of national schedule

From 1 January 2025, NTUC will raise the retirement age (RA) and re-employment age (REA) across its workforce to 64 and 69 years, respectively.

NTUC announced its decision to raise the RA and REA on 9 December 2024, one-and-a half years ahead of the national schedule.

NTUC, NTUC Club and NTUC Enterprise employ some 2,356 employees beyond the statutory RA of 63. The move will benefit some 448 for the RA increase and 271 employees for the REA increase.

NTUC Secretary-General Ng Chee Meng said that the decision to raising the RA and REA ahead of the national schedule shows the Labour Movement’s commitment to giving its older employees access to meaningful employment opportunities.

He said: “By raising the Retirement Age and Re-employment Age for our NTUC employees ahead of the national schedule, we are taking proactive steps to build a more inclusive workforce.”

He added that the experience, dedication and resilience many older workers bring are invaluable in shaping and driving Singapore forward.

“I call on more employers to take action to support their older workers, too,” he said.

NTUC empowers older workers

NTUC said it is committed to supporting its older employees before they reach the RA and REA.

For employees approaching retirement, NTUC engages them early to discuss their re-employment and retirement plans. Where applicable, NTUC will offer targeted training opportunities to help these employees remain relevant.

NTUC also assured older workers that their employment benefits and salary will remain consistent upon re-employment unless there is a mutually agreed change in job scope and role.

Even on re-employment contracts, employees continue to receive tailored learning and development support, and access welfare benefits like health screenings and retirement planning.

In addition, NTUC also offers job redesign and flexible work arrangements where needed, to better support older workers’ continued contributions.

More inclusive and productive workplaces

NTUC called on companies to work together with the congress and its affiliated unions to form Company Training Committees (CTCs), which can support their business transformation efforts.

CTCs can help companies enhance their productivity, explore job redesign for their workforce, and create opportunities for the adoption of age-inclusive workplace practices.

Companies can also tap on the CTC Grant to help minimise their transformation costs.

Find out how our Company Training Committees can help transform your business.