Netizens debate older age to retire

Proposals to lift pension ages in order to ease China’s financial burden have renewed public debate over changing the retirement age.

A new plan from Tsinghua University suggests raising the pension age for men and women to 65 as of 2030. The retirement age for men is 60 and for women 50.

The proposed age is based on the pace of aging in China, said Yang Yansui, director of the Tsinghua Center for Employment and Social Security, adding that raising the pension age does not mean an adjustment to the retirement age.

However, Tang Jun, secretary-general of the social policy research center of the Chinese Academy of Social Sciences, wrote an essay on Tuesday arguing that most people cannot work until 65, adding that employment opportunities for younger workers would be affected.

“It will trigger resentment among the older workers and anger from the youth when they cannot find jobs,” Tang wrote.

China has been considering raising its retirement age since 2008 to cope with its shrinking workforce and aging society, which place a growing burden on the country’s pension system.

Both the Tsinghua plan and Tang’s essay stirred debate online, with few in favor of the increase.

“What can we rely on to sustain daily life during the break if we retire at 50 but receive a pension 15 years later?” wrote micro-blogger Song Chi.

Song’s confusion and anger were echoed by many users on Sina Weibo, China’s largest Twitter-like micro-blogging service.

“If implemented, subways and buses will be crowded with grayhaired people in the future. They dream of early retirement. So do the jobless 20-somethings strolling in parks who are yearning for employment opportunities,” said Xiaoyu Shasha on Sina Weibo.

A more progressive and flexible retirement arrangement that would respect workers’ plans for early or late retirement may better address the issue, Kaifeng Zinan wrote on China’s popular BBS Tianya community.

Chen Zuoliang, another microblogger, said: “Far from the people-oriented principle, delaying retirement regardless of public sentiment is still GDP-oriented thinking.”

Meanwhile, many urged reform of the much-criticized dual pension mechanism, which solicits endowment insurance from nongovernment workers while excusing government staff from the fees.

“It is difficult to expect a fair and well-recognized retirement and pension proposal unless the pension system is reformed, as the delay may benefit some people at the expense of others,” wrote a micro- blogger named Urban Nomads.