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Old 22nd July 2011, 01:09 PM   #1 (permalink)
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More establishments allowing employment beyond 62: MOM

More establishments allowing employment beyond 62: MOM
Posted: 22 July 2011 1038 hrs


SINGAPORE: The Manpower Ministry (MOM) said the proportion of private establishments that allowed their local employees to work past 62 increased significantly last year.

Close to eight in 10 private establishments allowed their local employees to work past the age of 62 in 2010, compared to more than six in 10 in 2009.

And nearly all local employees retiring in 2010 who were offered employment beyond 62 agreed to stay on.

These are the key findings from a survey the Ministry carried out covering 3,100 private establishments (each with at least 25 employees).

The majority of all private establishments surveyed allowed their employees to continue working on existing contracts, while 17 per cent offered re-employment.

Nevertheless, more locals were employed in establishments offering re-employment than in those allowing them to continue working on existing contracts.

MOM said this was because large establishments were more likely to offer re-employment than the smaller ones.

Satisfactory work performance and medical fitness were common criteria for re-employment, with over nine in 10 private establishments with re-employment policy adopting these criteria.

Of the private establishments with re-employment policy in 2010, 61 per cent conducted re-employment consultation with their retiring local employees.

This increased from 41 per cent in 2009.

MOM said about 9,900 local employees reached 62 in the year ending June 2010.

Ninety-four per cent were allowed to work beyond 62.

More than half were allowed to continue working without a new contract and close to a third were offered re-employment, mostly in the same job.

While a large majority of establishments have put in place measures to allow their local employees to work beyond the age of 62 ahead of the legislation next year, MOM said there's scope for more establishments to engage their employees on re-employment issues.

And while most workers approaching 62 who are in employment would potentially be able to continue working beyond 62, MOM said the challenge remains getting more employers to recruit older workers.

Source: http://www.channelnewsasia.com/stori...142364/1/.html

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