China raises retirement age to address aging crisis

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China will gradually raise its retirement age starting in 2025 to address an aging population and a shrinking pension budget. Women in blue-collar jobs will see their retirement age rise from 50 to 55, and those in white-collar jobs from 55 to 58. For men, the age will increase from 60 to 63. The changes will be phased in over 15 years, with stricter rules on early retirement and increased social security contributions required by 2030. The decision, aimed at easing financial pressure on the pension system, has drawn both criticism and acceptance online, reflecting broader concerns about China’s demographic crisis.

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