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80th Anniversary Commemorative Book - Singapore Manufacturing ...

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As more workers, aged 55 andabove, remain in the workforce, theSMF is developing new productivityimprovement strategies together withthe Republic Polytechnic to enhance theproductivity of these workers.However, under the new retirement legislation that came into effect inJanuary 2011, companies are required to offer reemployment options toeligible employees who reach the age of 62.The SMF, with the support of the Employment and Employability Instituteor e2i, is developing a new productivity improvement strategy with theRepublic Polytechnic to enhance the productivity and performance of themature workforce.…and the journey continues…Over the last 80 years, the SMF has established itself as a major player inthe manufacturing industry. It has been blessed with a core of committedbusiness leaders who were not afraid to face the challenges posed bychange in the manufacturing industry and turn them into a positive force.98 Epilogue: Mapping the Future

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