BEIJING -- Jiangsu will become China's first province to allow individuals to postpone retirement next month, as the country scurries to secure workers and curb ballooning social welfare spending amid a rapidly aging population.
Politics
China's push for delayed retirement kicks off as pension costs grow
Jiangsu Province to offer voluntary deferment as first step in raising age limit
Many Chinese grandparents are responsible for child care while both parents work, which complicates the push for a higher retirement age. © Reuters
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