Explore The Issue Of Raising The Retirement Age In China From The Perspective Of Human Capital

People always want the old, which is a natural law. Retirement is that the workers lost the ability to quit jobs due to factors such as age, physical impact the process. Retirement age is the age when workers leave the labor field, is an important factor to affect the pension system. To establish the flag of Chinese workers in urban enterprises and social security system is the Labor Insurance Act of1951provides as follows on the conditions of retirement, the retirement age of male workers60years old, female workers was50years; postponed to later retirement age for female cadres55years old. Provisions on the statutory retirement age is still in use. However, in the case of China’s economic and social development, people’s living standards improved, China’s population structure changes, extend the time of education, labor supply and demand changes in the pension burden, intergenerational, old-age insurance fund unbalanced social factors impact of China’s retirement age. Therefore, according to China’s economic development, population development, through the legal form of scientific judgment and reasonable flexibility to adjust the retirement age.Human society entered the21st century, under the macro background of economic globalization, the physical capital to human capital transformation, human capital is becoming a real force for economic growth of the knowledge economy era, on the basis of previous research from the perspective of human capital analysis of the delayed age of retirement, deferred retirement age dependency ratio of retired population and the corresponding countermeasures to do further analysis.This article is divided into five parts:The first part,, Definition and theoretical basis of the concept of retirement, retirement age, determined by dual labor market and the two forms of employment to postpone the retirement age of an object. Described the theory of human capital;The second part, The status of our retirement age on the statutory retirement age provisions of the status quo, from the age of enterprise employees to the retirement age of the staff of state organs. The problems of the current retirement policy;The third part, The feasibility of delayed retirement age in China, described the impact of human capital factors from the perspective of human capital, human capital, practical support to postpone retirement, from the perspective of human capital influencing factors analysis of the feasibility of delayed retirement age; The fourth part, To postpone the retirement age for the analysis of the effect of the retired population dependency ratio, the retired population dependency ratio, the introduction of the retirement age and the dependency ratio of retired population model analysis to postpone the retirement age to the effect on the retirement of the population dependency ratio;The fifth part, Conclusions and policy recommendations proposed to establish a sound human capital, supporting measures to accelerate the legislative process, the implementation of flexible retirement, and gradually to postpone the retirement age.