From 2012 to 2016, employers who hired Singaporean employees aged above 50 earning up to $4,000 a month received​ SEC of up to 8% of the employee's monthly wages. 

As announced​ at Budget 2016, the SEC was extended for three years (viz. 1 January 2017 to 31 December 2019) to provide wage offsets to employers hiring Singaporean workers aged 55 and above, and earning up to $4,000. 

​As announced at Budget 2019, the SEC will be extended for one more year until end-2020.

Re-employing Older Workers not covered by the new re-employment age of 67

To encourage employers to voluntarily re-employ Singaporeans above the re-employment age, it was announced at Budget 2015 that an additional wage offset of up to 3% (Additional SEC or “ASEC”) would be introduced in 2015.​

The re-employment age was raised from 65 to 67 from 1 July 2017. The new re-employment age of 67 applies to those who turn 65 on or after 1 July 2017; in other words, those born on or after 1 July 1952.

​As announced at Budget 2019, the ASEC will be extended alongside the SEC for one more year, until end-2020. The ASEC will provide an additional wage offset of 3% to employers that hire older workers turning 67 and above.

Persons with Disabilities

​To support employment of Persons with Disabilities (PWDs)​1, the SEC was extended to employers that hire PWDs of all ages in 2012. The SEC and ASEC for PWDs are set at 16% and 22% of the employee's monthly income respectively, up to $240 and $330 per month respectively.​

​The one-year extension of SEC and ASEC until end-2020 will also apply to employers that hire PWDs.

​​​1 The person with disabilities must be supported by SG Enable to qualify. Disabilities covered by SG Enable are autism spectrum disorder, intellectual disability, physical impairment, hearing impairment and visual impairment. If you have queries on the disabilities as covered by SG Enable, you may refer to or contact SG Enable at: 1800-8585 885.