HR News Update – August 2022

Changes to Retirement Age, Re-Employment Age and EP Holder’s Qualifying Salary.


Please let us share some of the latest news that is relevant to HR practitioners.

EP Qualifying Salary Increase

Source: MOM “EP holders must meet a higher qualifying salaries from 1 September, 2022” (for new application)
https://www.mom.gov.sg/passes-and-permits/employment-pass/upcoming-changes-to-employment-pass-eligibility/updates-to-ep-qualifying-salary


Retirement Age Increase

Source: Human Resource Online “Retirement age in Singapore to increase to 63 starting from 1 July, 2022” 
https://humanresourcesonline.net/reminder-retirement-age-in-singapore-to-increase-to-63-starting-from-1-july-2022


Disclaimer: Please use the information provided in this newsletter at your own discretion and risk. We are not responsible for any losses incurred by users in relation to the information provided in this newsletter and we seek your understanding. 


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