10mo ago

China to raise retirement age to 63 as ageing population puts pressure on economy, healthcare systems.

hongkongfp.com China to raise retirement age to 63 as ageing population puts pressure on economy, healthcare systems

China said Friday it would gradually raise its statutory retirement age, as the country grapples with a looming demographic crisis and an older population. Hundreds of millions of people in China a…

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it's still lower than most European countries
- Still not worth the loss of freedom.
  
  I'm taking classes through a TN college right now and just got an email about "Divisive Topics" that I can report my professors for to get them fired.

60 to 63 for men. 55 to 58 for most women.

Shit it's 67 in Canada IIRC
- Canada is 65.
  
  You can actually start collecting CPP at 60 and OAS at 65.
  
  Ok there was something about OAS at 67, starting in 2029
- Life expectancy was absolute shit in China till the last 2 decades.

All those poor young kids who now have to wait even longer for the previous generation to age out and make room.
- Bro they're still two years under America and one under France... Fuck all boomers everywhere.

How does this work? You must stop working at "retirement age"? Or is that when your benefits kick in, meaning you must work until then?
Retirement is a financial position, not an age. In the US you can start withdrawing social security at age 62 (at a reduced amount/month). They consider 67 to be full retirement age, meaning you get the largest amount (per month) if you wait until then. A lot of people treat that as their retirement plan, so it ties an age to when you stop working.

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