Tuesday, November 23, 2010

http://www.channelnewsasia.com/stories/singaporelocalnews/view/1096416/1/.html
Public sector to offer re-employment to retiring workers from July 2011
Posted: 30 November 2010 1758 hrs
From July 1011 onwards, workers who had reach the age of 62 are offer an re-employment options. More than 124,000 public sector employees from 15 ministries may be affected.They introduce the re-employment option is because officers will be able to remain economically productive and be meaningfully engaged in their golden years. The older officers will be able to share the wealth of institutional knowledge and experience to the Public Service. To qualify to be an re-employment officer, he must demonstrate satisfactory work performance in the three years prior to retirement and be medically fit to continue working.

Personally, I feel that the re-employment option is a wise decision made by the government. It will definitely benefit both the parties, the company and the officers as the officers have the knowledge and experience. Hence they are able to share it to the younger generation. If an officer suddenly retires and stop working, they would not know what to do everyday and may have memory failure in times to come as they are not using their brain to think as often compared to their working period. So having this re-employment option would allow them to continue working and they are still contribute to the society. For those who want to enjoy their life after retirement, they are able to do so as it is not a rule but rather an option for them to choose.

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