China plans to raise retirement age by year-end amid workforce crisis, decision triggers backlash
Sep 13, 2024
According to the latest rules, the retirement ages will be gradually pushed back to 63 years for male employees and from 55 to 58 years for females as per their occupation. Previously, men in urban areas were allowed to retire at 60 and receive pensions, whereas women at 50 or 55, depending on their occupation.