Shanghai opens door to delayed retirement
By Qian Yanfeng | China Daily | Updated: 2010-09-29 07:48
Move would ease rising pressure on social security in the face of an aging population
SHANGHAI - Urban workers can postpone receiving their pensions and continue working when they reach retirement age starting Oct 1, the local human resources bureau has said.
The move is intended to make full use of human resources and raise pensions with continuous input into employees' social security accounts while they are still working, the Shanghai municipal human resources and social security bureau said in a notice posted on its website.
Photo