A Simple Retirement Letter To Employee is a crucial document used when an employee reaches retirement age or opts for voluntary retirement in Singapore. It must comply with Singapore's Retirement and Re-employment Act, which sets the minimum retirement age at 63 and provides re-employment rights up to age 68. The letter serves as official documentation of retirement arrangements, typically including acknowledgment of service, final working day, benefits information, and any re-employment possibilities. It's essential for ensuring clear communication and legal compliance in the retirement process.
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Key Requirements PROMPT example:
Simple Retirement Letter To Employee
"I need a Simple Retirement Letter To Employee for our Senior Marketing Manager who has been with us for 25 years and is retiring on March 15, 2025; we want to include a re-employment offer and ensure compliance with Singapore CPF requirements."
1. Date and Address Block: Formal letter heading with date and recipient details
2. Retirement Confirmation: Clear statement of retirement date and acknowledgment of service
3. Service Recognition: Acknowledgment of employee's contributions and years of service
4. Final Working Day: Specific mention of last working day
5. Administrative Matters: Instructions regarding handover, final payments, and CPF arrangements
1. Re-employment Offer: Include if offering re-employment under different terms
2. Benefits Information: Details of post-retirement benefits if applicable
3. Exit Procedures: Specific company requirements for departure
1. Benefits Summary: Summary of retirement benefits and entitlements
2. Exit Checklist: List of tasks to complete before final day
3. Re-employment Contract: If applicable, new contract terms for re-employment
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