China Announces Gradual Increase in Retirement Age Amid Demographic Challenges

The new policy will raise retirement ages over the next 15 years to address an ageing population and economic pressures.

China's retirement age for men will increase from 60 to 63, and for female office workers from 55 to 58.
Female blue-collar workers will see their retirement age rise from 50 to 55, with changes starting January 1, 2025.
The minimum period for pension contributions will extend from 15 to 20 years beginning in 2030.
The policy aims to mitigate the economic strain of a declining workforce and a rapidly ageing population, partly due to the historic one-child policy.
High youth unemployment and economic uncertainty have raised concerns about the sustainability of the pension system and social welfare.