Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

The Hot Seat: Should the retirement age in Singapore be removed?

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The removal of a retirement age in Singapore does not mandate lifelong work but instead empowers individuals to remain economically active for as long as they wish.

Studies have shown that many older Singaporeans value the opportunity to work during their later years, as it supports independence and self-sufficiency.

This flexibility is becoming increasingly important given Singapore's low birth rates and ageing population, which are poised to make the employment of mature workers a critical social issue.

However, the issue of retirement age remains a topic of debate.

Should it continue to serve as a structured framework to balance workforce stability and generational equity? Or should we eliminate it altogether?

On The Hot Seat, Hongbin Jeong speaks to Terence Ho, Associate Professor in Practice at the Lee Kuan Yew School of Public Policy, National University of Singapore and Ruiming He, Co-Founder, The Woke Salary Man, to find out whether it should remain or not.

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