The government’s new retirement strategy for Singapore includes the increase of the retirement age to 64 and the re-employment age to 69 respectively effective from the 1st of July 2026. Through these changes, the older workers are given the option to continue working for a longer period if they prefer doing so.
The measures are not only a result of the population’s gradual ageing but also the fact that more people are living healthier and longer lives. They will cater for the manpower needs and provide more job security. That is why they are part of the goal of reaching the ages of 65 and 70 by 2030.
Defining Retirement Age
The retirement age is the earliest point at which an employer is not allowed to retire an employee just on the grounds of the latter being old. The retirement age of 63 will be increased to 64 in mid-2026.
This means you will be legally allowed to work and receive your salary until then.
What Re-Employment Is All About A worker who has reached retirement age must be offered the opportunity to work on, usually on terms like part-time or through a different role.
The age of re-employment is that a worker may continue until he is 69 and the employer must think of offering a job up to that age.
The Main Modifications in the Year 2026 July
The ages will be shifted upwards by one year each from 1 July 2026. This gradual process will allow people to get used to it.
Government, unions, and employers have all agreed upon this to ensure a smooth transition.
Why These Changes are So Important
With longer life spans, many people are keen to work beyond the usual retirement ages. This not only increases their retirement savings but also helps to retain their skilled workforce.
Re-Employment Eligibility
If you are a Singapore citizen or PR, you are performing well and are medically fit, you qualify.
Should you be employed after 55, then a minimum of two years is required to be with the current employer.
Worker Perks
Seniority brings not only income, CPF contributions but also an active lifestyle. Many older workers see their work as part of their life.
Help for Employers
Government grants such as the Part-Time Re-employment Grant (up to $125,000) as well as Senior Employment Credit already partially cover the costs incurred.
Age-friendly workplace training support is also available.
Proposed Timeframe of Age Increases
A simple table is shown here to illustrate the changes:
| Period | Retirement Age | Re-Employment Age |
|---|---|---|
| Current (2025) | 63 | 68 |
| From 1 July 2026 | 64 | 69 |
| Target by 2030 | 65 | 70 |
No CPF Payouts Affected
Good news: the eligibility for CPF withdrawal will still be at 65. The retirement age changes do not have any impact on the start date of monthly payments.
How to Prepare
For employees: Talk to your employer about the different retirement options as early as possible. For employers: Review your policies and look into your eligibility for grants.
Singapore’s new retirement and rehiring rules effective July 2026 increase the chances of longer careers, higher income, and a dynamic workforce for all.
For full guidelines, visit mom.gov.sg, or consult your HR team today. Don’t forget to plan so as to take full advantage of these changes for the better!