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¡¡¡¡BEIJING, Dec. 15 (Xinhuanet) -- It is not the right time now for China to
reform its retirement age rules, Jiao haiping, an official with the Ministry of
Labour and Social Security (MLSS) told press Thursday.
¡¡¡¡Jiao, head of the Pensions and Insurance Department of MLSS, has been
directly involved in the policy-making of old-age pensions and insurance for 23
years.
¡¡¡¡"Retirement age reform is a sensitive topic requiring prudent study," Jiao
said, explaining that structural adjustments and enterprise reforms are taking
place in China would make the adjustment of the retiring age premature.
¡¡¡¡"It does't mean we won't change the retirement age for ever. The decision
will be made when the time is right," added Jiao.
¡¡¡¡In China, the retirement is not uniform. Men should retire at the age of
60. Professional women working for government institutions and companies are
required to retire at 55. Blue-collar female workers leave work at 50.
¡¡¡¡Problems such as the comparatively low age requirement, different age
requirements between men and women, and between women professionals and workers,
are liable to cause conflicts are intensifying appeals for reform.
¡¡¡¡In the 28th General Assembly of the International Social Security
Association held in Beijing 2004, Yang Yiyong, an official with the State
Development and Reform Commission (SDRC), said that a low retirement age was not
good for China.
¡¡¡¡According to Yang, deputy director of the economy research institute with
SDRC, the average retirement age in China is 51.2, ten years lower than the
world's average.
¡¡¡¡Government figures show that citizens aged 60 and above accountfor nearly
11 percent of the country's 1.3 billion people. The number is expected to peak
in the 2030s.
¡¡¡¡The aging population and the increasing number of retirees is bringing
great pressure on Chinese social security.
¡¡¡¡Hu Xiaoyi, MLSS spokesman said that in 2004, "Postponing the retirement age
is one of the major steps in adjusting the pension system." endite
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