SINGAPORE HR WELCOMES RETIREMENT REFORMS AS CITY STATE FACES AGEING WORKFORCE
January 1st, 2017
Human resources departments are gearing up for reforms designed to help Singapore confront the employment challenges of a greying population. The city-state is growing old, and fast. According to the government’s National Population and Talent Division, Singapore’s number of working-age citizens (ages 20-64) peaked in 2015, at 2.2 million. The government projects that number to decline to 1.9 million by 2030, while the number of Singaporeans aged 65 and over is projected to more than double in the same period, from 440,000 in 2015 to 900,000 in 2030.
To ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.