Delaying retirement, a topic that was once far away, is now getting closer. Recently, a "China Pension Development Report 2023" has aroused widespread concern in the society, and the report pointed out that the delayed retirement policy is about to be introduced, and the age of 65 may be the final result of the adjustment. This means that we are facing a new retirement age, one that may be even later than we expected.
The reason for delaying retirement, as everyone knows, is the aging of the population. With declining fertility rates and longer life expectancy, China's elderly population has reached 26.4 billion, or 18 percent of the total population7%。This is a huge burden on the social pension system. If retirement is not delayed, the balance of pensions will face serious challenges. Delaying retirement can increase the number of years of contribution and reduce the number of years of pension, thereby relieving the pressure on pensions.
The benefits of delaying retirement, as it has been said, are to extend the working life of workers, improve the social value of workers, and promote economic development. Delaying retirement can maintain a certain supply of labor, increase total social output, and increase per capita income. Delaying retirement can also give workers more time to accumulate wealth, improve their living standards after retirement, and increase their sense of well-being.
However, the difficulty of delaying retirement cannot be ignored, that is, the employment problem of workers, personal pension planning, and social fairness and justice. Delaying retirement means that workers have to struggle for a few more years in the competitive job market, facing more uncertainty and risk. Delaying retirement also means that workers have to readjust their pension plans, consider the investment and management of personal pensions, as well as preferential tax and social security policies. Delaying retirement also means that society should consider the interests of different groups, respect the characteristics and needs of different occupations, and ensure the equality and dignity of different genders.
Are you ready to delay retirement to 65? This is a question that requires us to ponder deeply, and it is also an issue that requires our action. Delayed retirement is not only a policy issue, but also a social issue, which involves the vital interests of every worker, and requires our joint participation, joint efforts and joint solutions. Delaying retirement is not only a real problem, but also a future problem, which is related to our quality of life, and requires us to plan ahead, raise awareness and improve our capabilities. Delaying retirement is both a challenge and an opportunity, so let's meet it together!