Singapore News
S'pore may need to raise retirement age to 68, says Lim Boon Heng
By Hetty Musfirah | Posted: 28 October 2010 1620 hrs
SINGAPORE: Singapore's Minister in the Prime Minister's Office Lim Boon Heng has indicated that the country may need to raise its retirement age to 68.
Mr Lim, who's in Finland accompanying President S R Nathan on his state visit there said Singaporeans need to work longer as their life span increases.
That is because they need to accumulate more for their old age.
Mr Lim who is also the minister in charge of issues on ageing in Singapore, cited Finland as an example, and will use this trip as an opportunity to study how the Finnish are dealing with their ageing population.
Mr Lim added there are areas that Singapore can emulate. One of which is to mobilise the elderly to organise themselves and form retirement communities that can provide mutual support and friendship.
A law that will make it mandatory for employers to offer re-employment to workers beyond the age of 62 will be in place by 2012.
"We are raising the retirement age, through the process of re-employment from the current 62 to 65 in January 2012. Beyond that we would have to examine how we can further raise the retirement age. In Finland, they have raised it to 68, so it gives us an indication about where we should be heading.Because the Finns are not living longer than us, we have a life expectancy of about 80, I think the finns are little less than us," said Mr Lim.
-CNA/ac
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Patrick Lee Song Juan via theonlinecitizen:
All MIW Ministars have one great thing in common..can talk through their orifice. Must talk what! with so high pay. But care less of people's feelings and whether conditions of individuals are conducive to certain work environment....Big man too as 'Chair mei' (blind) of Council for 3rd Age. Lim Boon Heng
These (_*_)s' ...can work till they die ..it doesn't matter...they are served on golden platters. Everything fits these ministars like a T. So please don't 'TCSS' Lim Boon (bey) Heng.
So die die must work..don't work also die (no money for food), work also die (deprived of social wellness in their golden years). Die of greater old age stress !!! {_!_}....Work..die..die also work..no work also die..die also work..no die also work..finally work and die !! Heaven awaits the working dead !! LOL!
http://www.facebook.com/leesjuan
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SINGAPORE RAISED TO 65 IN 2012..........
ENOUGH.....LAH
RAISE SOME MORE TO 68, THEN 70..............WORK UNTIL THE FINAL CALL....BAHASA SAID: MENGHEMBUS NAFAS YANG TERAKHIR.......
it is time for Singaporeans to think about: why have to work until the last day??? The government should give something to senior citizens........
做到死,做到老翘翘..............SUSAH, SANGAT SUSAH!!!!!!!!!
