Singapore legislation
Section 7C
Section 7C
Employment assistance payment
(1)
If an employer is unable to re-employ an eligible employee in accordance with section 7A because the employer is unable to find a vacancy in his establishment which is suitable for the eligible employee despite making reasonable attempts to do so in accordance with the tripartite guidelines, the employer shall be required to —
retire the eligible employee, or allow him to retire, on or after the date he attains the specified age; and
offer an employment assistance payment to the eligible employee.
(2)
Notwithstanding subsection (1), an employer shall not be required to offer any employment assistance payment to an eligible employee who informs his employer of his decision not to continue to be employed by his employer on or after the date he attains the specified age.
(3)
Subject to subsection (4), the employment assistance payment shall be —
a single lump-sum payment paid by an employer by the last day of employment of the eligible employee; or
other mutually agreed arrangements.
(4)
In determining the amount of employment assistance payment to be paid under this section, an employer shall take into account the tripartite guidelines.