Seoul, May 13 (IANS) North Korea has raised the mandatory retirement age for office workers by three years to reflect the country’s population aging and demographic changes, according to a North Korean academic paper on Wednesday.A revised labor law in 2024 stipulates that the retirement age for office workers eligible for state pension benefits is now 63 for men and 58 for women, according to the paper published in the 2026 first issue of the Journal of the Kim Il Sung University, seen by Yonha…
Latest Retirement Age News & Updates
New Delhi, May 6 (IANS) The Delhi High Court has dismissed a plea seeking enhancement of the retirement age of doctors and medical officers working in the General Reserve Engineering Force (GREF) and Border Roads Organisation (BRO) from 60 years to 65 years, holding that fixation of superannuation age is a policy matter falling within the executive domain. A division bench of Justices V. Kameswar Rao and Manmeet Pritam Singh Arora refused to interfere with the decision denying parity with doctor…
Beijing, Feb 13 (IANS) China’s pension crisis stems from demographic, economic, and institutional changes, rather than a single policy failure. The decision made in the coming years will shape the country’s “fiscal sustainability, social stability, and public trust”, a report said on Friday. “By 2040, roughly 402 million people in China are expected to be over the age of 60, more than a quarter of the population. By comparison, the total population of the United States is expected to rea…