Are you ready to delay retirement to 65?

Mondo Education Updated on 2024-02-26

Postponing retirement, a problem that existed a long time ago, is now much closer. The recently released "China Pension Development Report 2023" shows that China is brewing a new "postponed retirement" plan, and the age of 65 may be the last year. This means that we are approaching a new retirement age, and this time may be even later.

The reason for postponing retirement is due to the aging population. The number of elderly people in China has reached 264 million, or 187 per cent, due to declining birth rates and rising life expectancy. This has put a lot of pressure on the basic pension insurance system. If retirement is not postponed, the income and expenditure of the pension will be severely tested. Postponing retirement can extend the payment time, lower the retirement age, and reduce the burden of old-age care.

And the advantages of the postponement of retirement system, as it is said, can increase the working years of workers, increase the social status of workers, and promote the economic development of the country. The implementation of the delayed retirement system can not only ensure a certain number of working people, but also promote the growth of the productive forces of the whole society and the growth of the average income of individuals. Deferred retirement can also create more wealth for workers, improve their pension benefits, and increase their happiness.

However, the difficulty of China's implementation of the "postponement of retirement" policy cannot be ignored, including the unemployment of workers, the individual pension plan, and the issue of social justice and fairness. Delaying retirement is about putting workers in a competitive workplace where they struggle for years longer and face greater uncertainty and danger. Postponing retirement means re-planning one's pension plan, and at the same time paying attention to planning one's own pension plan, and making reasonable plans for it, and giving certain support in taxation and social security. Postponing retirement means paying attention to the rights and interests of all strata, the characteristics and needs of all industries, and ensuring the rights and dignity of both sexes.

Are you ready to postpone retirement at 65? This is a question that deserves our consideration and action. Postponing retirement is not only a policy issue, but also a major social issue related to the rights and interests of every employee, which must be done, done, done and done by each of us. At the same time, postponing retirement is not only a practical topic, but also a topic related to the quality of our lives, which requires us to plan in advance, enhance our understanding, and enhance our own quality. Delaying retirement is both a challenge and an opportunity for us, let's work together and work together!

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