Debated in Parliament on 2 Jul 2024.
Mr Gerald Giam Yean Song asked the Minister for Manpower in each of the last five years (a) how many resident professionals, managers, executives and technicians (PMETs) applied for and were offered re-employment upon reaching the statutory retirement age; (b) how many were not; (c) what were the reasons provided by employers for not offering re-employment, excluding those medically unfit to work; (d) whether the Ministry will consider publishing data on re-employment of PMETs reaching the retirement age as part of its quarterly reports; and (e) if not, why not.
In 2022 and 2023, about 98% of professionals, managers, executives and technicians (PMETs) were offered re-employment. PMET data for the years prior to 2022 is not available, as the data was not broken down by PMET and non-PMET. The Ministry of Manpower (MOM) does not collect PMET-specific data on the reasons why workers are not offered re-employment. Amongst all senior workers who were not offered re-employment in 2023, eight in 10 did not want to continue working. The rest were not offered re-employment either because there was a lack of suitable vacancies, the employees did not meet work performance requirements or they did not meet requirements on medical fitness.
MOM monitors the re-employment rate of eligible seniors annually. The re-employment rate for eligible senior workers has remained consistently high since the introduction of the re-employment policy in 2012 and does not vary much year to year. Where relevant, we will consider highlighting noteworthy trends in our annual publications.
PAPERCUTS