The Retirement Letter From Employer To Employee is a crucial document in Singapore's employment framework, triggered when an employee reaches the statutory retirement age (currently 63). It serves as the formal communication channel for retirement arrangements, addressing key aspects such as the retirement date, final entitlements, and potential re-employment opportunities. The letter must align with Singapore's Retirement and Re-employment Act, Employment Act, and CPF regulations, ensuring all statutory requirements are met while maintaining professional courtesy and recognition of the employee's service.
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1. Letter Date and Address Block: Formal letter heading with date and employee's details
2. Retirement Notification: Clear statement of retirement date and reference to employment contract
3. Final Working Day: Specific mention of the last working day
4. Handover Requirements: Instructions for knowledge transfer and work handover
5. Final Payment Details: Information about final salary, unused leave, and other entitlements
6. Company Property Return: Instructions for returning company assets
1. Re-employment Offer: Include if offering re-employment under different terms - applicable when employee meets re-employment eligibility criteria
2. Retirement Benefits: Details of any additional retirement benefits or packages - applicable when company offers special retirement benefits
3. Recognition of Service: Acknowledgment of employee's contributions - applicable for long-serving employees or senior positions
1. Benefits Summary: Detailed breakdown of retirement benefits and entitlements
2. Exit Checklist: List of tasks to complete before final working day
3. Re-employment Contract: If applicable, new contract terms for re-employment
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