US EditionChina Approves Plan for First Hike to Retirement Age Since 1978
- China will gradually raise its statutory retirement age over 15 years to address an aging population and declining birth rates, according to officials.
- The Standing Committee of the National People’s Congress approved the measure during its meeting on Friday, marking the first major adjustment since 1978.
- Men's retirement age will increase to 63 years, while women’s will rise to 55 or 58 years, depending on their jobs.
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charter97.orgFor the first time since the 1950s, China will raise the retirement age. The authorities are making this decision against the background of a growing elderly population in the country and a reduction in the pension budget.
China Raises Retirement Age For First Time Since 1978, Sparking Social Fury – Infinite Unknown
“When I was born they said there were too many. When I gave birth they said there were too few. When I wanted to work they said I was too old. And when I retire they say I’m too young.” – China Raises Retirement Age For First Time Since 1978, Sparking Social Fury A few ...
Retirement at 60: In Germany, these days are long gone. In China, the government has long avoided raising the retirement age. But the problems are all too obvious.
China raises retirement age to address aging work force
BEIJING — Starting next year, China will raise its retirement age for workers, which is now among the youngest in the world’s major economies, in an effort to address its shrinking population and aging work force. The Standing Committee of the National People’s Congress, the country’s legislature, passed the new policy Friday after a sudden announcement earlier in the week that it was reviewing the measure, state broadcaster CCTV announced. The …
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