On Friday, an important event took place in China. A change in the statutory(法定的) retirement age starting from January 1st, 2025 was announced.
Starting in 2025, over the next 15 years, the official retirement age for men will slowly go up from 60 to 63. For women cadres and women blue-collar workers, the retirement age will increase too, from 55 to 58 for cadres and from 50 to 55 for blue-collar workers.
____▲____ On Friday, Wang Xiaoping, minister of the human resources and social security, stated that China’s workforce has become increasingly diverse in their needs due to changes in the country’s economic, social, and demographic structures. As a result, it has become necessary to raise the statutory retirement age. She mentioned that it also helps increase labor supply. In 2023, China’s population aged 60 and above reached 297 million, accounting for 21.1 percent of the total population; those aged 65 and above exceeded (超过) 217 million, making up 15.4 percent, showing a clear trend of aging. Meanwhile, the labor force population has been falling since 2012.
When will your parents retire from their work? Ask them about it and share the answers HERE.
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