Employment Act (Chapter 91): Primary legislation governing employment relationships in Singapore, covering basic terms and conditions, notice periods, salary and leave entitlements. 2019 amendments extended core provisions to all employees.
Central Provident Fund Act (Chapter 36): Regulates mandatory social security savings system, including CPF contributions obligations and treatment of final CPF payments during employment termination.
Income Tax Act (Chapter 134): Governs tax treatment of settlement payments and associated reporting obligations for both employer and employee.
Personal Data Protection Act 2012: Regulates the collection, use, disclosure and care of personal data, including requirements for data retention and handling of employee information post-employment.
Industrial Relations Act (Chapter 136): Regulates relations between employers and trade unions, particularly relevant if employee is union member or covered by collective agreements.
Employment Claims Act 2016: Establishes framework for employment dispute resolution and sets statutory limits on employment-related claims.
Retirement and Re-employment Act: Addresses retirement age and re-employment obligations, particularly relevant for settlement agreements with older employees.
Work Injury Compensation Act: Governs work injury compensation and insurance requirements, crucial if settlement involves workplace injury claims.
Confidentiality Provisions: Contractual elements regarding ongoing confidentiality obligations post-employment.
Non-Compete/Non-Solicitation: Restrictive covenants limiting former employee's competitive activities and client/employee solicitation.
Release of Claims: Mutual release and waiver of claims between employer and employee.
Final Payment Terms: Specific provisions detailing final salary, benefits, and any additional settlement payments.
Company Property: Requirements for return of company assets, documents, and intellectual property.
Post-Employment Obligations: Ongoing duties and responsibilities of the employee after employment termination.
