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For involuntarily unemployed job seekers, the minister reiterated that economic lift to tide them over their job hunt period is getting developed. The programme will also be offered to bosses that want to retrain their workers for new roles in the company, and not just workers who are about to face the chopping block. The maximum salary help for mature or extended-term unemployed workers will be bumped up from $6,000 to $7,500 a month, and for other CCP participants it will be raised from $four,000 to $five,000 a month. SINGAPORE - Workers who want to work longer will have longer statutory protection with the raising of Singapore’s retirement age from 63 to 64 on July 1, 2026.



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