The retirement time is delayed, and the retirement age of 60 men and 55 women is about to be cancelled! What does this decision mean?

The retirement age of 60 men and 55 women will be abolished soon, which will have an impact on individuals, families and the country.

First of all, personal influence has the following three aspects:

(1) Social endowment insurance paid by individuals will be overpaid and underpaid. For individuals, both men and women, this will mean working longer hours and retiring later. According to the relevant regulations of endowment insurance, as long as you are on the job, you must continue to pay endowment insurance. Then, delaying retirement for five years means paying five more years of old-age insurance on the job, which correspondingly means receiving five less years of pension.

(2) Old age life will be affected. The difference between early retirement and late retirement lies in great changes in people's health. After five years of retirement, maybe their health is not as good as it was five years ago. Then for some people who pursue retirement, it will affect the quality of life in their later years.

(3) It is increasingly difficult for young people to find a job, especially within the system. The beneficiaries of the delayed retirement policy are more people in the system, and only people in the system can fully implement the delayed retirement policy. Delaying retirement means that people in the system change jobs more slowly, which means that it is more difficult for young people to find these jobs and the competition will be more intense.

Second, the impact on the family has the following two aspects:

(1) The birth cost is high. The common practice now is to let grandparents take care of their grandchildren and let their children go out to work with peace of mind, which is an important cornerstone of family stability at present. If the retirement age is delayed, it means that when young people raise their next generation, their parents have not retired and cannot help with their children. At this time, they can only hire a nanny to take care of the children, or a young daughter-in-law can take care of the children at home full-time, which will mean that the cost of childbirth is higher than before, which will eventually lead to a lower willingness of the younger generation to have children.

(2) the need for old age is more serious. Delayed retirement means that it is more difficult for young people to find jobs, and they can't find suitable jobs, and their parents have not retired. In this case, more people may choose to stay at home and nibble at the old.

Third, the impact on the country has the following three aspects:

(1) Make up the deficit of social security fund. Delayed retirement means that the insured receives social security pension for a short time and pays it for a long time, which can make up for the loss of pension fund from the perspective of fund balance.

(2) The employment problem will be aggravated. In recent years, the state has continuously introduced some policies to stabilize employment, that is, to give more job opportunities to most people, especially fresh graduates and workers who have just joined the work, and to create more jobs for them. However, if the policy of delaying retirement is implemented, it will aggravate the employment problem and pose a great challenge to the harmony and stability of the country.

(3) The demographic dividend will be further weakened. As a populous country, China used to rely on the demographic dividend to achieve rapid economic development, but the policy of delaying retirement will further reduce the young people's fertility will, and the era of population decline will appear. For a country, if the population declines for a long time, the shortage of young labor force will be an inevitable trend in a few years, which is not conducive to future economic development.