China Raises Retirement Age: Workers to Retire Later
Sep 13, 2024 12:27
China's legislature has approved a gradual increase in the retirement age for workers, raising it to 63 for men and 55-58 for women over the next 15 years.
Beijing, Sep 13 (AP) China's legislature announced on Friday that it was raising the retirement age for its workers, according to state broadcaster CCTV.
The policy change will be gradually carried out over 15 years, with the retirement age for men raised to 63 years, and 55 and 58 years for women depending on their role.
Currently, the retirement age is 60 for men, and 50 for women in blue-collar jobs and 55 for women in white-collar jobs. That retirement age is among the youngest in the world's major economies.
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