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2024-09-29 03:54:40

South China Morning Post on Nostr: ‘We saw this coming’: citizens react to China increasing its retirement age ...

‘We saw this coming’: citizens react to China increasing its retirement age
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China's government announced an increase in the retirement age effective January 1, 2025; this policy aims to address the challenges of an ageing population and pension fund sustainability; in 2023, about half of China's provincial regions reported pension fund surpluses, with only four regions – Guangdong, Beijing, Jiangsu, and Anhui – contributing over 10 billion yuan (US$1.4 billion) each; local residents expressed their views on the policy change.

#RetirementAge #China #PensionFunds #PolicyChange #PublicOpinion #AgeingPopulation #LocalResidents #GovernmentPolicy #EconomicImpact #2025

https://www.scmp.com/news/china/politics/article/3280251/we-saw-coming-citizens-react-china-increasing-its-retirement-age?module=Politics&pgtype=section
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