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China to raise retirement age for first time since 1978 (www.ft.com)

submitted 4 days ago by [email protected] to c/[email protected]

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Beijing battles demographic crisis and pressure on pension system by keeping population in workforce for longer

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[–] [email protected] 0 points 4 days ago

The gradual increase is good, means that nobody nearing retirement age will suddenly have to work more additional years they weren't expecting to, unlike in western countries which raise the age. Still not ideal but I'm sure the government looked at all possible alternatives in depth before coming to the decision.