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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.
Here are some facts they discovered: The average retirement age according to Gallup is now age 61; it was 59 about ten years ago and it was 57 in the early 1990's. Currently, about one-third of workers say they plan to retire when they are age 66 or older. In 1995, only 14 percent planned to wait that long.