Latest Reports reaching Oyogist.com shows that the Chinese Government are planning to publish a new law to increase the country’s retirement ages while coping with a rapidly aging population.
So many individuals and organisations has kicked against the move as China’s Communist Party’s plans to implement further reforms.
The retirement increase plan implementation was made known by the Communist Government outline of its five-year economic plan.
For more than 4 decades, China’s retirement plan has remained 60 for men and 55 for female white-collar jobs workers.
In places like Japan and Taiwan, age 65 is the minimum retirement age for both men and women. The global average analysis was 62.7 years for men and 61.3 years for women.