News

China Raises Retirement Age In Response to Longevity Increases

  • Alexander Boyd--Chinadigitaltimes.net
  • published date: 2024-09-17 22:23:04 UTC

Last week, the Chinese government announced that it will raise the retirement age. The long-expected move is deeply unpopular but, the government holds, necessary to relieve strain on China’s work force and pension funds. The phased changes will raise the ret…

Last week, the Chinese government announced that it will raise the retirement age. The long-expected move is deeply unpopular but, the government holds, necessary to relieve strain on Chinas work for… [+4557 chars]