In Singapore, the government shows strong support for the employment of seniors, especially those who are already 60 years old and above. Among these measures, the soon-to-be 2026 plan consists of higher contributions to the CPF system, government wage offsets, and job protection, all of which contribute to seniors being able to earn extra income at their own pace.
Naturally, with longer lifespans and higher retirement ages, most workers over 60 are either choosing or being forced to work longer. Thus, these measures not only alleviated the financial burden but also uplifted the person by providing them with a sense of purpose and security along with an increased monthly salary and retirement savings.
Higher CPF Contributions After 60
2026 sees the rise in CPF rates for the age group 60-65, the extra amount being automatically credited to your Retirement Account. This refers to an increasing amount of money being accumulated with safe, high-interest yields for larger monthly sums later on.
Senior Employment Credit (SEC)
The hiring of elder workers is financially unburdened as employers get a wage rebate – through a monthly salary of up to 11% for workers over 60 – that lowers the cost of hiring.
Thus, the competition makes not only the existing jobs but also the new ones a little better.
Part-Time Re-Employment Grant
If a company reorganizes a worker’s position to accommodate a part-time schedule, it can get back half of the salary from the government up to $125,000 per employee per year.
The reason is simple: many seniors want to work part-time instead of full-time or they need reduced hours to care for their family or for health reasons.
Raised Re-Employment Age
Throughout 2026, the maximum age for forced retirement will be raised to 69 provided that one is still fit and performing well.
This will mean that the person has another year or two of income and CPF contributions.
Progressive Wage Model Extensions
Minimum pay rises will gradually extend to low-wage sectors, thus, this will be a clear benefit for many senior workers in cleaning, security, and retail.
These very structured increases become the reason for an additional hundreds in monthly earnings.
Skills Future and Training Support
Seniors get additional Skills Future credits and subsidized courses to remain relevant.
Upskilling leads to better-paying posts or maintains job security.
Key Benefits Overview for 2026
This is a table that sums up the main supports for workers 60+:
| Benefit | Details | Extra Income Impact |
|---|---|---|
| Higher CPF Rates | +1.5% total (60-65) | More savings, bigger payouts |
| Senior Employment Credit | Up to 11% wage offset for employer | Easier hiring, stable jobs |
| Re-Employment Age | Up to 69 from July 2026 | 1-2 extra working years |
| Part-Time Grant | Up to $125,000 for employers | Flexible hours with pay |
| Progressive Wages | Sector minimums rise | Direct pay increase |
| SkillsFuture Credits | Extra for seniors | Better job opportunities |
Why It Matters for Extra Income
Working 60+ can mean thousands extra every year through salary plus boosted CPF. Offsets and grants make it possible for many seniors to enjoy a higher take-home pay than before.
Singapore’s 2026 senior worker benefits are attractive to keeping people in the workforce with increased CPF, wage support, and job flagging up to 69 years old.
Why not discuss the possibilities of re-employment or flexible positions with your employer right away? Check out mom.gov.sg or mycareersfuture.gov.sg to see jobs and grants that match your skills!