New regulations on retirement in 2024 Delay retirement and reform, and build a sound pension support

Mondo Social Updated on 2024-01-30

Population ageing is one of the challenges facing the world, and China is no exception. With the extension of life expectancy and the decline of fertility rate, the problem of aging in China is becoming increasingly prominent. In order to cope with this challenge, the state has decided to implement a series of new retirement reforms and new systems in 2024, with the focus on delayed retirement policies, aiming to gradually improve the level of national pension security and establish a more sound aging support system by deepening the reform of the pension system.

First of all, delayed retirement is one of the core contents of the new retirement regulations. Due to the aging of the population, the labor force is decreasing, and the social burden is increasing, and gradually raising the retirement age standard has become an inevitable choice. According to the new regulations, from 2024 onwards, the retirement age will be gradually raised to adapt to the trend of an aging population. This will extend the working life of workers, increase the financial sustainability of society, and make better use of the wisdom and experience of older people.

Secondly, the amount of pensions will also be adjusted. As the retirement age is delayed, the number of years of service of retirees increases, and the pension insurance contributions they pay will also increase accordingly. Therefore, under the new system, the pension amount will be adjusted to better reflect the individual's contributions and years of service. This will improve the fairness and sustainability of pensions and ensure the basic living security of the elderly.

In addition, in order to build a healthy aging support system, the state will also increase attention and support for the health of the elderly. By strengthening the construction of the medical and health service system, we will provide more comprehensive and convenient medical services and promote the health management and disease prevention and control of the elderly. At the same time, all sectors of society are encouraged to pay attention to the spiritual needs of the elderly, provide mental health support and cultural and recreational activities, so that the elderly can live with more dignity and happiness.

In short, the implementation of the new retirement regulations in 2024 aims to cope with the challenge of population aging, gradually improve the level of national pension security and build a more sound aging support system through delayed retirement policies, adjustment of pension amounts, and the establishment of a healthy aging support system. This will provide a solid foundation for China to cope with the problem of population aging, protect the basic rights and interests of the elderly, and promote the sustainable development of society.

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