Prof. Fudan China has a premature retirement age, delaying retirement to cope with the challenges of

Mondo Social Updated on 2024-01-31

As China's aging population accelerates, the debate about retirement age is becoming more and more intense. Recently, Peng Xizhe, a professor at Fudan University, expressed his opinion that China's current retirement age is still premature. This view has aroused widespread concern from all walks of life.

Peng Xizhe pointed out that China's aging process will go through three stages: rapid, accelerated and severe, of which the aging level in the severe aging stage will reach 31%, and the proportion of the population over 80 years old will be as high as 25%. This means that in the future, there will be a large number of elderly people who will spend their time in the pension phase. However, the current pay-as-you-go pension system is difficult to maintain for a long time, so the implementation of a delayed retirement system has become an inevitable choice.

Delaying the retirement age will not only help ease the pressure on pension payments, but also increase the supply of the labor market and promote economic development. At the same time, delaying retirement does not crowd out employment opportunities for young people, as the two groups work in almost completely different markets. To implement the delayed retirement system, it is necessary to fully consider the actual situation of different industries, regions and groups in the design of the system, and avoid a one-size-fits-all approach to achieve fair and sustainable development.

However, delaying the retirement age also faces certain difficulties. Some older people may need more time to adjust to their new work environment, while also needing more support and help to maintain their physical health and ability to work. Therefore, society should take steps to provide more employment opportunities and training opportunities for older people to help them make a smooth transition to a delayed retirement age.

In short, in the face of increasing pension pressure, it is an inevitable trend to raise the retirement age in a timely and appropriate manner. We should look at this issue rationally and jointly contribute to the cause of China's pension.

Fudan professor says China's retirement age is too early

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