Asian Actuarial Conference 2026 on 18-21 Aug, Marina Bay Sands Expo and Convention Centre. →

Retirement

The Committee supports the Singapore Actuarial Society (SAS) by addressing issues related to old age, retirement, and longevity in Singapore. It brings actuarial perspectives to the challenges of an ageing population, promotes understanding of Singapore’s retirement landscape, and engages members in developing practical, evidence-based solutions that contribute to the financial integrity of retirement systems.

What We Do

The Committee’s objectives and responsibilities

  • Identify issues relating to old age, retirement, and longevity in Singapore, particularly the challenges of asset accumulation and decumulation across the life cycle.
  • Understand and articulate the role of actuaries in supporting stakeholders to preserve the financial integrity of Singapore’s retirement systems, across both public and private sectors.
  • Support and engage SAS members in formulating solutions to retirement-related issues.
  • Disseminate knowledge and insights on Singapore’s retirement landscape to the local actuarial community.
  • Appoint sub-committees, working parties, or task forces on an ad hoc basis as needs arise, and oversee their work.
  • Review the Committee’s Terms of Reference and structure annually and propose updates to Council together with the annual budget.

Who We Are

Committee members

Marcus Kok

Chair

Hitesh SHAH

Council Liaison

What We Are Working On

  • Supporting conferences and thought-leadership initiatives relating to life, retirement, and longevity topics.
  • Contributing to research and position papers on Singapore’s retirement readiness in collaboration with external stakeholders such as the Institute and Faculty of Actuaries and the National University of Singapore Institute of Policy Studies.
  • Ensuring conferences organised by the Committee are financially sustainable and aligned with Council’s budget expectations.
  • Implementing a structured budgeting and governance process, including:
    • Annual budget submission to Council in September/October for the following year.
    • Monitoring expenditure to remain within Council-approved limits.
    • Submitting detailed conference budgets 4–5 months prior to events for approval.
    • Ensuring proper approval processes for Committee and conference expenses.
    • Working with Council to accommodate general sponsorship arrangements, including the allocation of complimentary conference passes to sponsors.