China Reverses Course on Retirement Age as Demographic Projections Reveal Pension System Cannot Survive Past 2035

Beijing has announced the most significant pension system overhaul in the People's Republic's history, raising the retirement age from 60 to 65 for men and from 55 to 62 for women over a ten-year transition, as actuarial analysis of the one-child policy's demographic consequences confronts the government with a funding gap it cannot bridge any other way.