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What is the national standard for the retirement age?

With the increasingly serious aging in China, the retirement age has become a hot topic today. According to the previous retirement age regulations, the legal retirement age is the national provisions and protection of workers' rights and interests. Every worker can retire after the retirement age and then go home to live a leisure life. So, what is the legal retirement age in 2019? Let's get to know!

Latest regulations on retirement age

In order to alleviate the social pressure brought by aging, China has made some innovations on the retirement age and allowed some excellent personnel to retire early. Therefore, it is very necessary for the majority of employees to understand the new retirement age. It plays an important role. So, what is the legal retirement age? Let's have a look.

Legal retirement age standard

1. The legal retirement age refers to the retirement age stipulated in the Interim Measures of the State Council on the resettlement of old, weak, sick and disabled cadres and the Interim Measures of the State Council on the retirement and resignation of workers (GF [1978] No. 104) approved in principle at the second meeting of the Standing Committee of the Fifth National People's Congress on May 24, 1978 and still in force. In July 2012, He Ping, director of the Institute of social security of the Ministry of human resources and social security, proposed that China should gradually extend the retirement age. It is suggested that the retirement age should be 65 for both men and women by 2045. The current retirement age is 60 for men and 50 for women. 2. On October 14, 2015, Yin Weimin, Minister of human resources and social security, introduced the achievements of employment and social security since the 12th Five Year Plan, saying that China is the country with the earliest retirement age in the world, and the average retirement age is less than 55. With the approval of the central government, the Ministry of human resources and social security will make public the retirement reform plan to the public, and gradually postpone it to a reasonable retirement age by walking slowly for a few months every year.