BEIJING (AP) — 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 ...

China has a retirement crisis on its hands, and the nation will probably be forced to keep raising the retirement age for workers to stave off demographic imbalances, according to a demographer.

Raising the retirement age and delaying these benefits could help relieve the strain on the Chinese pension system. China has been grappling with a retirement crisis as more older workers discover ...

China plans to raise the nation’s official ... no matter what the US Fed does or says Raising the retirement age is one of several proposals to solve this issue, alongside cutting benefits ...

The retirement age for female urban workers is 50 or 55 depending on their occupation. Rural residents in China fall under a different retirement system. Beijing’s plans, announced at the ...

China is raising its statutory retirement ages for ... approved by China's top legislative body in September, will see men's retirement age increase from 60 to 63. For women, the retirement ...

Jin Weigang, president of the Chinese Academy of Labor and Social Security Sciences, said China was eyeing a “progressive, flexible and differentiated path to raising the retirement age ...

China took a step toward raising its unusually low age benchmarks for when state employees have to retire. China has one of the lowest retirement ages among major economies, letting women retire ...

That being said, the average retirement age in China is about 60 for men and 50 for working-class women, and 55 for women in white-collar jobs. However, China is gradually raising its retirement ...

China will raise the retirement age for ... “The timeline of raising the retirement age is pretty gradual. Policymakers probably have taken into account the potential negative impact and ...

Although no one has presented a detailed plan for alleviating the shortfall, it’s possible that the full retirement age could increase as part of a long-term solution. The situation in China ...