NDR 2019: From retirement age to climate change, here are 9 things you need to know

The retirement age, which is currently 62, will go up to 63 in 2022. This will further be raised to 65 by 2030.

READ: NDR 2019: New retirement, re-employment ages of 65 and 70 by 2030; higher CPF contributions for older workers Students at Singapore Institute of Technology and Singapore University of Social Sciences will also pay lower school fees from around the current S$8,000 to S$7,500.The Government also will raise the income ceiling of households eligible for pre-school subsidies to S$12,000 per month, up from the current S$7,500.

“This will very likely worsen over the next few decades, within the lifetimes of many of us,” he added.

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