China’s top legislature has reviewed a plan to gradually raise the retirement age, months after the ruling Communist Party’s Central Committee proposed it be lifted in a “voluntary and flexible” way.
The retirement age has been in place since 1951 and is among the lowest in the world. It is currently 60 for men, 55 for women in white-collar jobs and 50 for women in blue-collar jobs.
Lawmakers on Tuesday discussed a “draft decision on the implementation of a gradual increase in the mandatory retirement age” submitted by the State Council, China’s cabinet, official news agency Xinhua reported.
Human Resources and Social Security Minister Wang Xiaoping presented the draft at the meeting of the Standing Committee of the National People’s Congress, the top legislative body whose current session runs until Friday.
The draft plan has not yet been made public.
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China’s elderly are heading to retirement, here’s why that’s a problem
China’s elderly are heading to retirement, here’s why that’s a problem