HELPING OLDER WORKERS
Our life expectancy is now the longest in the world - 84.8 years! Singaporeans are living longer and many wish to work longer.
The Government will fully support both older workers and employers in this endeavour.
Last year, Singapore Ministry of Manpower set up a Tripartite Workgroup on Older Workers. The Government accepts their recommendations in full.
- Raise the Retirement Age from 62 today to 63 in 2022, and eventually to 65 by 2030.
- Raise the Re-employment Age from 67 to 68 in 2022, and eventually to 70 by 2030.
- Increase CPF contributions for older workers. We will start raising the rates for workers above 55 in 2021, and subsequent steps thereafter. By the time the whole process is done, in 10 years or so, those 60 and below will enjoy the full CPF rates. CPF rates will only begin to taper down after 60, and level off after 70.
The Public Service will take the lead by raising Retirement and Re-employment Ages by one year from 2021, instead of 2022. I encourage private sector companies that can, to do the same.
#ndrsg
同時也有10000部Youtube影片,追蹤數超過2,910的網紅コバにゃんチャンネル,也在其Youtube影片中提到,...
「life expectancy 2022」的推薦目錄:
life expectancy 2022 在 Lee Hsien Loong Facebook 的最佳解答
HELPING OLDER WORKERS
Our life expectancy is now the longest in the world - 84.8 years! Singaporeans are living longer and many wish to work longer.
The Government will fully support both older workers and employers in this endeavour.
Last year, Singapore Ministry of Manpower set up a Tripartite Workgroup on Older Workers. The Government accepts their recommendations in full.
- Raise the Retirement Age from 62 today to 63 in 2022, and eventually to 65 by 2030.
- Raise the Re-employment Age from 67 to 68 in 2022, and eventually to 70 by 2030.
- Increase CPF contributions for older workers. We will start raising the rates for workers above 55 in 2021, and subsequent steps thereafter. By the time the whole process is done, in 10 years or so, those 60 and below will enjoy the full CPF rates. CPF rates will only begin to taper down after 60, and level off after 70.
The Public Service will take the lead by raising Retirement and Re-employment Ages by one year from 2021, instead of 2022. I encourage private sector companies that can, to do the same.
#ndrsg
life expectancy 2022 在 利世民 Facebook 的最佳解答
#Socialsecurity or ill-fated #Ponzischeme?
When Franklin Roosevelt introduced social security to the United States in 1935, life expectancy at birth was only 58 years for men and 62 for women, while the retirement age was 65. Approximately 46 percent of men and 39 percent of women who lived into adulthood died before retirement.
The US Social Security Administration denies the chosen age of retirement had anything to do with the benchmark set by the Germans, saying it was an attempt "to conform to contemporary practice during the 1930s."
Despite all the advancements in medical technology and the fact that we now live in a knowledge-based economy, the common legal retirement age is still 65.
Why should it be so ?
The life expectancy in Hong Kong is among the highest in the world, and our city is graying rapidly.
Those aged 65 or above represent less than 14 percent now, but that will grow to nearly 20 percent by 2022.
If there must be a social security system, shall we propose a retirement age of 85 instead of 65, just to reflect the reality? I am sure it is going to be politically incorrect but that is the only economically feasible way to have sustainable universal social security for Hong Kong.
With due respect to the advocates for universal social security, good intentions alone cannot defy the laws of gravity. Let's assume the life expectancy of an average person is 80. Under the ideal lifestyle aspired to by many in our younger generation, the first 25 years and the last 15 years will be the non-productive ones, leaving them only 40 years of productive career to make enough money to pay back the expenditure of the first 25 years and support themselves for the last 15.
One can see how difficult life can be if everyone lives this way. If something is not sustainable at an individual level, it can hardly be feasible at a collective level.
Retirement, and work, are personal choices, rather than a birthright to be enjoyed by all.
We should first ask what we can do for our own retirement before asking the government what it can do for us.
Let's not forget that there are no free lunches. Someone has to pay for social security but it will be too late for us to realize that we are paying into a Ponzi scheme destined to collapse in the foreseeable future.
Wednesday, May 28, 2014
life expectancy 2022 在 Life Expectancy in the U.S. Dropped for the Second Year in a ... 的相關結果
Life expectancy at birth for women in the United States dropped 0.8 years from 79.9 years in 2020 to 79.1 in 2021, while life expectancy for men ... ... <看更多>
life expectancy 2022 在 Life Expectancy of the World Population - Worldometer 的相關結果
# Country Life Expectancy (both sexes) Females Life Expectancy Males Life Expectancy
1 Hong Kong 85.29 88.17 82.38
2 Japan 85.03 88.09 81.91
3 Macao 84.68 87.62 81.73 ... <看更多>
life expectancy 2022 在 U.S. Life Expectancy 1950-2023 | MacroTrends 的相關結果
The life expectancy for U.S. in 2022 was 79.05 years, a 0.08% increase from 2021. The life expectancy for U.S. in 2021 was 78.99 years, a 0.08% increase from ... ... <看更多>