National Day Rally 2019 Highlights - Changes Will Affect Payroll

Aug 30 2019

PayrollServe

Sub-banner_National Day Rally 2019 Highlights

Retirement age will be increased to 63 in 2022 and to 65 by 2030. The current retirement age is 62.

Re-employment age will be increased to 68 in 2022 and to 70 by 2030. The current re-employment age is 67.

CPF contributions above 55 years old will be gradually raised in 2021.

If you would like to learn more about how PayrollServe can help, please contact us.

Share this Article

Related Posts

Quick References on Personal Tax Filing

ANNOUNCEMENT: Extension of JSS for Selected Sectors, and S Pass Ceiling Lowered in the Manufacturing Industry

ANNOUNCEMENT: Change of Direct Debit Deduction Date