Asia Sep 15, 2024
China to raise retirement age for first time since 1978: Bid to counter shrinking workforce and ‘ease pressure on pension funds’
China will raise the retirement age for the first time since 1978, as the world’s second-largest economy faces the problem of an ageing population and a dwindling workforce. Beijing will gradually raise the retirement age for men from 60 to 63, for women in white-collar jobs from 55 to 58 and for women in blue-collar […]
By Abhijit Nag