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China preparing to raise retirement age: report [Copy link] 中文

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Post time 2016-2-28 19:47:11 |Display all floors
Senior citizens chat at a retirement home in Beijing. [Photo/Xinhua]


BEIJING - China will set up a plan to raise the statutory retirement age in 2017 to relieve pressures from an aging population, an official researcher said.
"The plan is likely to be implemented in 2022 after a five-year transitional period," China News Service quoted Jin Weigang, a researcher with the Ministry of Human Resourc ...

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Post time 2016-2-28 20:38:10 |Display all floors
Rightly so. Long over due. At the same time, if there should be problem on the employment front, the government can also consider delaying the job market entry time by implementing 2 years of service training (for example in the military services or other social services) for youngsters.

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