Of these, 58 per cent work full-time, according to figures provided by Manpower Minister Tan See Leng.
SINGAPORE: Close to seven out of 10 working elderly in Singapore earn less than S$2,500, according to figures provided by Manpower Minister Tan See Leng on Tuesday .
A total of 207,300 Singapore residents aged 65 and above were employed in 2022 - an employment rate of 31 per cent, said Dr Tan. Of these, 142,400 residents or 68.7 per cent earned a gross monthly income of less than S$2,500 excluding employers' Central Provident Fund contributions.About 27,000 elderly residents earned between S$2,500 and S$3,000 while 37,800 were paid at least S$4,000.“Part-time workers tend to earn less, considering fewer hours worked and the nature of jobs offered,” he said.
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