Are my employees who are aged 63 or above eligible for retrenchment benefit or Employment Assistance Payment (EAP)?

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Accepted Answer

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.

Are my employees who are aged 63 or above eligible for retrenchment benefit or Employment Assistance Payment (EAP)?

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