- Retirement age of female employees working under ordinary working condition:
+ 2020: 55 years.
+ 2021: 55 years and 4 months
+ 2022: 55 years and 8 months
+ Year 2023: 56 years
+ Year 2024: 56 years and 4 months
+ 2025: 56 years and 8 months
+ 2026: 57 years
+ 2027: 57 years and 4 months
+ 2028: 57 years and 8 months
+ 2029: 58 years
+ 2030: 58 years and 4 months
+ 2031: 58 years and 8 months
+ 2032: 59 years
+ 2033: 59 years and 4 months
+ 2034: 59 years and 8 months
+ From 2035 onwards: 60 years
- Retirement age of male employees working under ordinary working condition:
+ 2020: 60 years
+ 2021: 60 years and 3 months
+ 2022: 60 years and 6 months
+ 2023: 60 years and 9 months
+ 2024: 61 years
+ 2025: 61 years and 3 months
+ 2026: 61 years and 6 months
+ 2027: 61 years and 9 months
+ From 2028 onwards: 62 years.
Notes:
- If an employee is incapacitated, works in special arduous and hazardous condition, or arduous and hazardous condition, his/her retirement age will be regulated as follows:
+ 2020: she may retire at age of 55; he may retire at age of 60.
+ From 2021 onwards, his/her mandatory retirement age will adhere to the principle "His/her retirement age may be decreased by not more than 5 years compared to the retirement age of employees working in ordinary condition".
- If an employee has high professional and technical qualification: The principle "His/her retirement age may be increased by not more than 5 years compared to the retirement age of employees working in ordinary condition".
2019’s Labor Code is officially entering into force from January 1, 2021.
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