Budget 2026: Singapore extends Senior Employment Credit through 2027

A tripartite workgroup will deliver senior job recommendations later this year.

Singapore will step up support for senior workers, helping them plan for later-stage careers and refresh their skills, whilst encouraging employers to design age-friendly jobs and multi-generational workplaces.

The Ministry of Manpower (MOM) has set up a tripartite workgroup on senior employment to study these issues, with recommendations expected later this year.

“In the meantime, we will extend the Senior Employment Credit to end 2027 to support employers who continue to employ senior workers as we create better jobs and upskill Singaporeans,” Prime Minister Lawrence Wong said at the Singapore Budget 2026.

Singapore will also maintain an open approach to global talent.

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SG Budget 2026

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