The Institute of Policy Studies (IPS) has recommended that the retirement age be tied to a dynamic life expectancy measure. Its suggestions come ahead of planned updates from a tripartite workgroup about changing retirement and re-employment ages. The IPS said in a policy brief released on Monday that these ages should be based on health-adjusted life expectancy (Hale), which is the average number of years a Singapore resident might be expected to live in full health. It suggested setting the re-employment age as Hale but with a 10-year lag, rounded down to the nearest whole number, and the retirement age five years below the re-employment age. This means the re-employment age in 2029 would be 74, as Hale is now 74.2 years. This is 12 years above the current statutory retirement age of 62 and seven years above the re-employment age of 67. Employers cannot dismiss workers on the grounds of age before they reach the retirement age and they must offer eligible staff work up to the … [Read more...] about IPS: Tie retirement age to changing life expectancy
At 53, Prayad has also enjoyed multiple success in Japan and with more than two decades of playing in the Land of the Rising Sun, he has good reason to believe he can do it one more time. While he is at ease with playing in Japan, however, he is wary of the challenges from his younger rivals and hopes to draw on his experience to be in contention at the Sobu Country Club east of Tokyo. “I like playing in the Asia-Pacific Diamond Cup because I got a good track record at this event,” said the Thai veteran, a six-time winner on the Japan Tour. “I won this event in 2008 although it was not on this golf course. But it’s still feels good to play in an event which you know you’ve won before.” Prayad was the Japan Senior Tour’s No 1 player in 2016-17 – he plays both the Japan Tour and Japan Senior Tour at the same time. “I’ve been playing in Japan for almost 25 years and I’m very familiar with the golf courses … [Read more...] about Age no barrier for golf legend Prayad
The Thai No 2 tees off as one of the genuine contenders for the Volvo China Open which starts on Thursday. Jazz is currently in second place on the Asian Tour Habitat for Humanity Standings and has been on a red-hot streak since the end of 2018, notching seven top-five finishes in his last 11 events, dating back to last December. The world No 72 got his season off to a flying start by winning his third Asian Tour title in Singapore and has already secured starts in the US PGA Championship in May and The Open Championship in July. “I’m feeling really good coming into this week,” he said. “I’m having fun and enjoying myself. The Volvo China Open is a big event and a very good opportunity to regain my No 1 spot on the Asian Tour Order of Merit. “The biggest reason why I’m playing so well is because of my new coach, Peter Cowen. “I’ve been working with him since the middle of last year and things sort of … [Read more...] about Jazz hits all the right notes, driven for success
Sadly, we at the Embassy in Bangkok have seen many instances whereU.S. citizens discover, too late,that essential, high-qualityhealth care is out of financial reach and their options are limited. As you contemplate your own preparedness, we urge you to plan for a few key expenses: medical treatment, nursing care, and, if necessary, medical evacuation. Do You Have a Plan to Receive Treatment in Thailand? Access to healthcare in the United States and Thailand differs. When you live abroad, Medicare(https://travel.state.gov/content/travel/en/international-travel/before-you-go/your-health-abroad/insurance-providers-overseas.html) cannot pay for your healthcare.U.S. healthcare programs that can sometimes be used overseas, such asprivate health insurance, TRICARE (http://www.tricare-overseas.com/), andVA-provided care (https://www.va.gov/COMMUNITYCARE/programs/veterans/fmp/index.asp), work differently and may require upfront payments.As a non-Thai, youdo not enjoy the same … [Read more...] about Have a Plan for Successful Aging ?
PUTRAJAYA: The government is planning to revive the tin mining industry in Malaysia back to its golden age as achieved decades ago when the country was the largest tin producer in the world. Water, Land and Natural Resources Minister Dr A. Xavier Jayakumar (pix) said the deposits of tin in this country are huge as there has been no mining of the ore for the past 40 years. He said the price of tin which could reach up to USD$20,000 (RM83,000)/tonne today is very ‘attractive’ to the industry players and with deposits amounting to millions of tonnes, it could again be a money spinner. “And because of that there is more interest in tin and our Department of Lands and Mines has now mapped the whole country where there is huge tin deposits found and so the industry players are now interested in coming back, doing tin mining. “We have discussed this in the Cabinet and decided that we will go into tin mining again and to give opportunities to the interested parties in … [Read more...] about Tin mining industry will be revived to its golden age: Xavier