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The Standing Committee of the National People’s Congress, China’s legislative body, recently announced the retirement age will increase for the first time since the 1950s, the BBC reported.
Where in the world? Starting in Jan. 2025, the retirement age in China will start “gradually” rising so that by 2040 it will have increased from 60 to 63 for men, 50 to 55 for women in blue-collar jobs, and 55 to 58 for women in white-collar jobs.
The country has one of the lowest retirement ages in the world, on par with India, Saudi Arabia, and Turkey. According to NPR, China hasn’t changed