Headline : China to raise retirement age as population gets older

Read more from the original article on here at www.bbc.com.

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China will gradually raise its statutory retirement age in the next five years to try to cope with its ageing population and buckling pension system.

Life expectancy in the country has now risen above the United States, to 78 years, from just 36 years at the time of the Communist revolution in 1949.

But China's retirement age remains one of the lowest in the world - at 60 for men, 55 for women in white-collar jobs and 50 for working-class women.

The plan to raise retirement ages is part of a series of resolutions adopted last week at a five-yearly top-level Communist party meeting, known as the Third Plenum.

Read more from the original article on here at www.bbc.com.

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