1993: Retirement age law takes effect and set at 60 under the Retirement Age Act. This meant companies were no longer allowed to ask workers…
View More Retire, re-employ: A timelineHome »
Retirement savings mostly left untouched during pandemic
Congress made it much easier for people to tap their retirement savings during the pandemic to cope with financial hardships. But rather than rush to…
View More Retirement savings mostly left untouched during pandemicChina's plan to raise retirement age stirs debate
BEIJING (BLOOMBERG) – China is making a new push to raise one of the world’s lowest retirement ages as it tries to cope with a…
View More China's plan to raise retirement age stirs debateaskST: How to make the most of CPF savings
Q: What happens to the rest of my CPF savings once I meet the Full Retirement Sum? A: You will be able to withdraw your…
View More askST: How to make the most of CPF savingsaskST: Be ready to retire with lifelong income
Q: Where will my monthly payouts in retirement come from: CPF Life or the Retirement Sum Scheme? A: It depends on whether you are on…
View More askST: Be ready to retire with lifelong incomePlight of the ‘Physical Worker’: Worn-Out Bodies and Little Savings
Americans laboring on farms, in factories and on cleaning crews often have to retire before safety-net programs kick in and without assets in employer plans.…
View More Plight of the ‘Physical Worker’: Worn-Out Bodies and Little SavingsJapan retailer Nojima bets on longevity as population shrinks
FUJISAWA, Japan (Reuters) – At Japanese electronics retailer Nojima’s (7419.T) sales outlet in Fujisawa, south of Tokyo, Tadashi Sato, 72, is defining a work culture…
View More Japan retailer Nojima bets on longevity as population shrinksCPF basic retirement sum should be regularly adjusted so payouts keep pace with inflation, standard of living: Josephine Teo
SINGAPORE – It is important to help Singaporeans save more for retirement adequacy, said Minister for Manpower Josephine Teo. To meet their needs, especially as…
View More CPF basic retirement sum should be regularly adjusted so payouts keep pace with inflation, standard of living: Josephine TeoNTUC to raise retirement and re-employment ages in 2021, ahead of national schedule
SINGAPORE – The National Trades Union Congress (NTUC) will raise the retirement age and re-employment age ceiling for its workers to 63 and 68 respectively from…
View More NTUC to raise retirement and re-employment ages in 2021, ahead of national scheduleCPF responds to 72-year-old who posted about getting just $575 in monthly payouts, saying he had withdrawn $140K since turning 55
SINGAPORE – A Facebook post by a 72-year-old man on how he had to resort to being a Grab driver after getting only $575 of…
View More CPF responds to 72-year-old who posted about getting just $575 in monthly payouts, saying he had withdrawn $140K since turning 55Comfy retirement? You'll need a £1 million pension pot
Comfy retirement? You’ll need a £1 million pension pot as experts reveal how much you’d REALLY have to save for holidays in the Mediterranean, dining…
View More Comfy retirement? You'll need a £1 million pension potJaguars player Matt Overton offers to buy angry Colts fans’ season tickets
Stocks end higher after Trump sounds optimistic tone on trade Stocks ended higher Monday, marking a partial bounce from Friday’s steep selloff, after President Donald…
View More Jaguars player Matt Overton offers to buy angry Colts fans’ season ticketsEmployers, older workers to chip in for CPF rate hike from 2021
The move to bolster retirement savings of Singaporeans will see both employers and employees paying for the hikes in the Central Provident Fund (CPF) contribution…
View More Employers, older workers to chip in for CPF rate hike from 2021Setting up a will can help take care of surviving family members, avoid conflict: ST Invest editor
SINGAPORE – Straits Times Invest editor Lorna Tan’s unmarried aunt died without a will, and one of her siblings was cut out of her estate…
View More Setting up a will can help take care of surviving family members, avoid conflict: ST Invest editor