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China 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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