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Under the phased implementation of the Retirement and Re-employment Act, Singapore will increase the statutory retirement age from 63 to 64 years and the re-employment age from 68 to 69 years, effective July 1, 2026. This is part of a broader plan to raise the retirement age to 65 and re-employment age to 70 by 2030. The government will extend the Senior Employment Credit and Part-Time Re-employment Grant until end-2027 to support implementation, and CPF contribution rates for older workers will increase from 2027 with transitional employer support.
Singapore will increase the statutory retirement age from 63 to 64 years and the re-employment age from 68 to 69 years, effective July 1, 2026. The changes are part of a phased implementation under the Retirement and Re-employment Act, which will further raise the retirement age to 65 and the re-employment age to 70 by 2030.
Who is affected
All employers in Singapore must comply with the new statutory retirement and re-employment ages. Employees aged 63 and above will be entitled to work until age 64 before retirement, and those who meet eligibility criteria must be offered re-employment until age 69. The changes apply across all industries and company sizes.
What's changing
| Rule | Current | From July 1, 2026 | By 2030 |
|---|---|---|---|
| Statutory retirement age | 63 years | 64 years | 65 years |
| Re-employment age | 68 years | 69 years | 70 years |
The government will extend two support programs until December 31, 2027: the Senior Employment Credit and the Part-Time Re-employment Grant. From January 1, 2027, Central Provident Fund (CPF) contribution rates for older workers will increase, with transitional support provided to employers during implementation.
What NEO partners and clients should do
- By July 1, 2026: Update employment contracts, retirement policies, and HR systems to reflect the new retirement age of 64 and re-employment age of 69.
- Before December 31, 2026: Review eligibility for the Senior Employment Credit and Part-Time Re-employment Grant, which have been extended through end-2027.
- Before January 1, 2027: Prepare payroll systems for increased CPF contribution rates for senior workers and confirm eligibility for transitional employer support.
- By 2030: Plan for the final phase of increases to retirement age 65 and re-employment age 70.
