China Set to Raise Retirement Age for the First Time in Decades ...Middle East

China will raise the retirement age for the first time since 1978, a move likely to slow a decline in the labor force but anger workers already wrestling with a slowing economy. The country’s top lawmakers endorsed a plan to gradually delay retirement for employees, Xinhua news agency reported Friday. Men’s retirement age will increase from 60 to 63, while women’s will rise from 50 and 55 to 55 and 58, according to the report. This change will take place over 15 years, starting on Jan. 1, 2025. [time-brightcove not-tgx=”true”] “Governments at all levels should actively respond to the aging of the population, encourage and support the employment and entrepreneurship of workers,

Hence then, the article about china set to raise retirement age for the first time in decades was published today ( Friday 13/09/2024 - 11:37 AM ) and is available on Time ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( China Set to Raise Retirement Age for the First Time in Decades )

Also on site :

• The Pioneer Woman’s ‘Darling’ Scalloped Ramekins Are Just $5 and Perfect for Snacks, Dips, and Desserts
• La Corte Suprema respalda la solicitud de los republicanos de reducir las tarifas de los anuncios de campaña en TV
• Wim Wenders on Why He Made a Documentary About Architect Peter Zumthor, and How Brad Pitt Helped Get It Made