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Chinas First Retirement Age Hike Since 1978 Triggers Discontent

China’s First Retirement Age Hike Since 1978 Triggers Discontent

China’s rapidly aging population has created a massive strain on the country’s pension system.

To address this issue, the government has announced plans to gradually increase the retirement age for both men and women.

This is the first such increase since 1978, and it has been met with widespread discontent among Chinese citizens.

The new retirement age for men will be 65, up from 60, while the retirement age for women will be 60, up from 55.

The government says that this change is necessary to ensure the long-term sustainability of the pension system.

However, many Chinese citizens are worried that they will not be able to find new jobs if they are forced to retire later in life.

The government has said that it will provide support to workers who are affected by the retirement age increase.

However, it is unclear what form this support will take, and many Chinese citizens are skeptical of the government’s promises.

The retirement age increase is a major change for China, and it is likely to have a significant impact on the lives of Chinese citizens.

It remains to be seen how the government will implement the change, and how Chinese citizens will respond.

Conclusion

The Chinese government has announced plans to gradually increase the retirement age for both men and women.

This is the first such increase since 1978, and it has been met with widespread discontent among Chinese citizens.

The government says that this change is necessary to ensure the long-term sustainability of the pension system.

However, many Chinese citizens are worried that they will not be able to find new jobs if they are forced to retire later in life.


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