China unveils interim measures for flexible retirement system
<img src='https://news.cgtn.com/news/2025-01-01/China-unveils-interim-measures-for-flexible-retirement-system-1zO97WOPTVe/img/11a01f21413e43bc8fc0f8c1c71d0020/11a01f21413e43bc8fc0f8c1c71d0020.jpeg' alt='An image displays the words "raising the statutory retirement age" in Chinese. /CFP'
China on Wednesday announced interim measures for the implementation of a flexible retirement system to enforce the previously adopted policy of incrementally raising the statutory retirement age.
The measures stipulate the procedures for applying for flexible retirement and the requirements for receiving basic pensions, among other details.
According to the measures, the statutory retirement age for men will be gradually raised from 60 to 63 in the course of 15 years starting from January 1, 2025. Meanwhile, the retirement age for female cadres will be raised from 55 to 58, and that of female blue-collar workers will move from 50 to 55.
(With input from Xinhua)
