SINGAPORE (Jan 10): Parliament on Monday passed the Retirement and Re-employment (Amendment) Bill 2016 to raise the re-employment age to 67 from 65, with effect from Jul 1, 2017.

The amendments to the Retirement and Re-employment Act (RRA) will apply to locals who were born on or after Jul 1, 1952.

The new law will also allow eligible employees to be re-employed by another employer to increase labour market flexibility.

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