China's Coming Pension Crisis

China's Coming Pension Crisis

Allowing people to choose if they want more than one child may prove more popular, but raising the retirement age is likely to bring more economic benefits. Officials at China’s Ministry of Human Resources and Social Security (MHRSS) have solicited advice from Chinese and foreign experts, including the World Bank and the International Labour Organisation. Many have advised raising standard retirement ages—currently 50 or 55 for women and 60 for men—by five years each.

Read Full Article »
Comment
Show commentsHide Comments

Related Articles