China approves the plan to raise the retirement age for the first time since 1978 ...Middle East

Will raise the retirement age for men to 63 - effective January 1, 2025.Will raise retirement age for white collar female workers to 58 - effective January 1, 2025.Will raise retirement age for blue collar female workers to 55 - effective January 1, 2025.From January 2030 the minimum period for employees to receive basic pension on a monthly basis will be gradually increased from 15 years to 20 years. Employees who have reached the minimum numbers of years of payment may voluntarily choose to retire flexibly and early. This article was written by Giuseppe Dellamotta at www.forexlive.com.

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