MOM extends part-time re-employment grant for senior workers until 2027

Singapore’s Ministry of Manpower (MOM) has extended the Part-Time Re-employment Grant (PTRG) by two years, allowing employers to continue tapping the scheme until December 31, 2027, amid sustained demand from businesses supporting senior workers.

The grant, first introduced in 2020, provides financial support to employers that offer part-time re-employment, flexible work arrangements and structured career planning for workers aged 60 and above. Applications for the grant, which had previously closed in October, reopened on December 18, MOM said in a statement.

Under the scheme, employers can receive $2,500 per eligible senior worker, capped at $125,000 per employer. Any organisation registered or incorporated in Singapore, including charities, societies and voluntary welfare organisations, is eligible to apply, provided it employs at least one resident worker aged 60 or above at the point of application and claim.

MOM said uptake of the grant has remained strong since its launch. As of November, more than 7,500 employers have used the PTRG to support the employment or retention of senior workers, benefitting over 65,000 individuals. More than $92 million has been disbursed under the programme to date.

The PTRG forms part of a broader set of measures aimed at strengthening senior employment in Singapore. These include the Senior Employment Credit, which offers wage offsets of up to seven per cent for employers hiring workers aged 60 and above, as well as reskilling initiatives such as the SkillsFuture Level-Up Programme and Workforce Singapore’s Career Conversion Programme.

Welcoming the extension, NTUC deputy secretary-general Desmond Tan said flexible work options play a key role in retaining experienced workers. He noted that while some seniors prefer to remain in full-time roles, others seek reduced hours during re-employment, making schemes like the PTRG increasingly relevant.