Song Seng Wun, CIMB Private Banking, Heng Chee How, NTUC & Assoc Prof Adam Switzer, Nanyang Technological University & Earth Observatory of Singapore
Song Seng Wun, CIMB Private Banking, Heng Chee How, NTUC & Assoc Prof Adam Switzer, Nanyang Technological University & Earth Observatory of Singapore
19 August 2019
National Day Rally 2019: Increase In Retirement Age, Re-employment Age & CPF Contribution Rate For Older Workers
By 2030, you’ll be able to stay employed until you’re 65 years old. PM Lee announced that the statutory retirement age will go up to 63 in 2022, and eventually to 65 by 2030. Meanwhile, the re-employment age will also go up - from 67 now, to 68 in 2022, and eventually to 70 by 2030. The higher retirement age in 2022 will apply to those born on or after July 1st, 1960, and the higher re-employment age will apply to those born on or after July 1st, 1955. To discuss these changes, we’re joined by Heng Chee How - Deputy Secretary-General at NTUC and Song Seng Wun - an economist at CIMB Private Banking.
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National Day Rally 2019: Economic Performance & Tackling Climate Change
In his National Day Rally 2019 speech, PM Lee described climate change as “a matter of life and death”. Rising sea levels is the main environmental problem facing low-lying Singapore. PM Lee noted that current projections are that sea levels will rise by up to one metre by the end of the century, but scientists' estimates have been going up. And in his Mandarin speech, PM Lee said that while Singapore's economic growth has slowed significantly this year, the current situation does not warrant stimulus measures just yet. Song Seng Wun, economist at CIMB Private Banking and Associate Professor Adam Switzer, Associate Chair of the Asian School of the Environment, as well as Principal Investigator at the Earth Observatory of Singapore share more.
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