Are my employees who are aged 63 or above eligible for retrenchment benefit or Employment Assistance Payment (EAP)?
If you are retrenching employees who are aged 63 or above, you can use the EAP recommended in the Tripartite Guidelines for Re-employment of Older Workers, unless retrenchment benefit is stated in the collective agreement or individual employment contract.
This information is sourced from MOM
Related questions
If I'm not eligible for re-employment, can I still get Employment Assistance Payment (EAP)?
Can I pay the Employment Assistance Payment (EAP) in instalments?
If I reject my employer's re-employment offer, am I eligible for Employment Assistance Payment (EAP)?
Are employees who have worked less than 2 years eligible for retrenchment benefit?
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