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If my employer’s company is closing down, am I entitled to any compensation?
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Source: https://www.mom.gov.sgAs the amount of retrenchment benefits is not set by law, you should check your employment contract or collective agreement (for unionised companies) for retrenchment benefits or compensation.
If you are facing retrenchment and need support, you can tap on WSG’s Adapt and Grow initiative for job matching and career services.
This information provided here is sourced from the MOM website.
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