What is the statutory retirement age in 2024?

Mondo Social Updated on 2024-02-16

Regarding the issue of the statutory retirement age in 2024, we need to determine it in accordance with national policies and laws and regulations. The statutory retirement age for enterprise employees is 60 years old for male cadres and employees, 55 years old for female cadres, and 50 years old for female employees. For employees engaged in heavy physical labor such as underground and high temperatures, or other work harmful to their health, the retirement age is 55 years old for male employees and 45 years old for female employees, and the retirement age is 50 years old for male employees and 45 years old for female employees due to illness or non-work-related disability.

However, in recent years, with the increasing aging of the population, the topic of delaying the retirement age has attracted much attention. Policies to gradually postpone the retirement age are also being studied at the national level.

1.Current retirement age policy

According to the Interim Measures on the Retirement and Retirement of Workers promulgated in 1978, the legal retirement age in China is 60 years old for men and 50 years old for women (55 years old for female cadres). This policy has been in place for decades to this day.

2.Trends in retirement age reform

With the development of social economy and the extension of life expectancy, the current retirement age policy has gradually shown a certain irrationality. In order to reduce the pressure of pension insurance and improve the efficiency of human resource utilization, the national level has begun to study the policy of gradually postponing the retirement age.

In 2012, China** clearly proposed to "study and formulate a policy to gradually postpone the retirement age". Since then, the debate about retirement age reform has been heating up. Some experts suggest that the method of gradually postponing the retirement age can be adopted, that is, gradually extending the retirement age within a certain period of time, so as to give society and individuals a certain period of adaptation.

For individuals, we need to pay attention to policy trends and prepare for retirement according to our own situation and career planning. At the same time, we should also establish a correct concept of old-age insurance, actively participate in old-age insurance, and improve the level of personal old-age security.

There will be no major changes to the statutory retirement age in 2024, but based on current policy trends, it is likely that China will gradually lower the statutory retirement age in the coming years. We need to pay attention to policy trends and make personal retirement plans to ensure stability and happiness in our later years.

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