China to raise retirement age to 63 as ageing population puts pressure on economy, healthcare systems. (hongkongfp.com)
from 101@feddit.org to world@lemmy.world on 13 Sep 13:39
https://feddit.org/post/2814924

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MediaBiasFactChecker@lemmy.world on 13 Sep 13:39 next collapse
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https://hongkongfp.com/2024/09/13/china-to-raise-retirement-age-to-63-as-ageing-population-puts-pressure-on-economy-healthcare-systems/

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vei6ccq8bw@discuss.online on 13 Sep 14:03 next collapse

Still cheap as fuck compared to the US, when you retire once dead 😂😂😂😂😂😂😂😂

Edit: sorry china bad 🤬 giv updoots

Illegalmexicant@lemmy.world on 13 Sep 14:13 next collapse

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

istanbullu@lemmy.ml on 13 Sep 14:24 next collapse

it’s still lower than most European countries

Eldritch@lemmy.world on 13 Sep 15:02 collapse

Still not worth the loss of freedom.

[deleted] on 13 Sep 17:19 next collapse
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DragonTypeWyvern@midwest.social on 14 Sep 04:41 collapse

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.

Magister@lemmy.world on 13 Sep 14:53 next collapse

Shit it’s 67 in Canada IIRC

grte@lemmy.ca on 13 Sep 16:42 next collapse

Canada is 65.

Policeshootout@lemmy.ca on 13 Sep 19:17 next collapse

You can actually start collecting CPP at 60 and OAS at 65.

Magister@lemmy.world on 14 Sep 01:47 collapse

Ok there was something about OAS at 67, starting in 2029

InvertedParallax@lemm.ee on 13 Sep 22:36 collapse

Life expectancy was absolute shit in China till the last 2 decades.

Badeendje@lemmy.world on 13 Sep 18:54 next collapse

All those poor young kids who now have to wait even longer for the previous generation to age out and make room.

DragonTypeWyvern@midwest.social on 14 Sep 04:40 collapse

Bro they’re still two years under America and one under France… Fuck all boomers everywhere.

walden@sub.wetshaving.social on 13 Sep 19:19 collapse

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.