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Currently, Chinaâs retirement age is 60 for men, 55 for female white-collar workers and 50 for female blue-collar employees. âThe current policy was formulated about 60 years ago when average life expectancy was relatively low. After so many years, life expectancy has increased,â said Yin.
China to raise retirement age as pressure on pension fund rises. BEIJING China's pension fund will come under tremendous pressure to break even in coming years and as such, the government needs to gradually raise the official retirement age to salvage the finances, a top official said on Tuesday.