MOM weighs action against firms that can afford retrenchment benefits but don’t pay
· Keith Kwai
Retrenchment benefits are not required by law, and about 12% of employers did not pay them in 2025; MOM and its tripartite partners are considering administrative action in egregious cases where firms can afford to pay. The ongoing Employment Act review is also looking at bringing the mandatory retrenchment notification forward so affected workers can be offered job support earlier.
Source: The Straits Times, 6 Oct 2026 — Read the original