Eric announced his
retirement from football.
埃里克宣布退出足球运动。
Mary took to painting after
retirement.
玛丽退休后爱上绘画。
On Eric's
retirement the post will cease to exist.
埃里克退休后这个职位就会撤掉。
After 35 years of service, Mr. Thompson decided it was time for his
retirement.
在服务了35年后,汤普森先生决定是时候退休了。
She's been saving diligently for her
retirement, hoping to travel the world.
她一直在为退休勤奋地存钱,希望环游世界。
The company offers a generous
retirement package to its long-serving employees.
公司为其长期服务的员工提供丰厚的退休福利。
At age 65, he finally entered
retirement and began pursuing his passion for painting.
65岁时,他终于退休了,开始追求他对绘画的热情。
Early
retirement is becoming more attractive to people who want to pursue other interests.
对于想追求其他兴趣的人来说,提前退休变得越来越有吸引力。
Her
retirement party was a heartfelt celebration of her decades-long dedication to the school.
她的退休派对是对她几十年来对学校无私奉献的真挚庆祝。
He plans to retire next year and spend more time with his grandchildren.
他计划明年退休,花更多时间与孙子孙女在一起。
The financial advisor suggested investing in a diverse portfolio for a secure
retirement future.
金融顾问建议投资多样化的投资组合以确保未来退休生活的安全。
The government is considering raising the
retirement age due to increasing life expectancy.
由于预期寿命的增加,政府正在考虑提高退休年龄。
After her
retirement, she volunteered at a local charity, finding fulfillment in giving back.
退休后,她在当地的一家慈善机构做志愿者,从中找到了回馈社会的满足感。
After his retirement, Xu will serve as first chairman of JD's advisory council and continue to participate in the company's management and projects covering strategy, organization and business.
退休后,徐将担任京东顾问委员会第一任主席,并继续参与公司的管理和项目,包括战略、组织和业务。
In addition, China Pacific Insurance intends to link the rehabilitation hospital with its Pacific Care Home in Putuo district, which is an elderly care community, to explore a new cooperation model between rehabilitation medical institutions, retirement communities and insurance institutions.
此外,中国太平洋保险还打算将康复医院与其位于普陀区的太平洋养老院(一个养老社区)连接起来,探索康复医疗机构、养老社区和保险机构之间的新合作模式。
Japan's government convinced Inamori to come out of retirement in 2010 to head Japan Airlines (JAL) after the ailing carrier filed for bankruptcy.
在境况不佳的日本航空公司申请破产后,日本政府说服稻盛和夫于2010年退休,领导日本航空公司。
According to Chen, this full life-cycle health system covers all aspects of an individual's life cycle, including preventive care, treatment, rehabilitation, retirement and hospice care.
据陈介绍,这种全生命周期的健康系统涵盖了个人生命周期的各个方面,包括预防性护理、治疗、康复、退休和临终关怀。
Once the company is set up, the wealth management subsidiaries of commercial banks holding its shares will be allowed to design wealth management products that also function to protect clients against certain risks, including the loss of income due to retirement, rather than simply selling pension insurance products offered by the insurers that signed sales commission contracts with the banks' head offices or branches, Wang said.
王说,一旦该公司成立,商业银行的理财子公司将被允许设计既能保护客户免受某些风险(包括因退休而失去收入)、又具有理财功能的产品,而不只是销售与银行总行或分行签订销售佣金合同的保险公司所提供的养老保险产品。
"In the future, each person or family should have a retirement account covering different types of financial products, such as commercial endowment products and pension-themed wealth management and trust products," Wang said.
“未来每个人或家庭都应有一个包含不同金融产品的养老账户,比如商业养老保险产品、养老主题的理财产品和信托产品。”王说。
In China, most members of the first generation of family businesses are now approaching retirement age.
在中国,大多数家族企业的第一代掌门人现在都已接近退休年龄。
By comparison, a "present focus" may help CEOs nearing retirement age recognize the urgency of succession planning, rather than remaining too preoccupied with the immediate business needs of the day.
相比之下,\"关注当下\"的心态可能有助于临近退休年龄的CEO认识到继任计划的紧迫性,而不是过于专注于日常的业务需求。
Australian real estate and investment group Lendlease unveiled Ardor Gardens, a retirement community brand, the first with exclusive foreign fund in the Yangtze River Delta region, in Shanghai on Wednesday.
澳大利亚房地产和投资集团Lendlease周三在上海推出了养老社区品牌Ardor Gardens,这是长江三角洲地区首个由外资独资开发的养老项目。
The company also announced that its first retirement community project will be put into operation and usher in the first batch of residents in September.
该公司还宣布,其首个退休社区项目将于九月投入运营,并将迎来第一批居民。
This retirement community located in Qingpu district on the city's west outskirts is complete with a service team mostly with five-star hotel work experience, a community health center, various leisure and sport activities and high-quality dining service.
这个位于青浦区城市西郊的退休社区拥有一支主要由五星级酒店工作经验的服务团队,一个社区健康中心,各种休闲和体育活动以及高质量的餐饮服务。
"We hope that we'll provide an option for senior citizens who aim for an energetic lifestyle and quality service that cater to their needs after retirement," he said.
他表示:“我们希望为那些追求活力生活方式,并在退休后寻求高质量服务的老年人提供一个选择。”
Ye Liming, director of the Shanghai Elderly Care Service Association's special committee of elderly care industry, said that Lendlease owns operation experience of retirement community overseas for more than three decades and he hopes that the service provided by Ardor Gardens can push further the industry's development in Shanghai, where individuals aged 60 and above accounted for 36.1 percent of its permanent residents, according to the latest data.
上海养老服务业协会养老产业专委会主任叶黎明表示,联实拥有超过30年的养老社区运营经验,希望Ardor Gardens能推动上海养老产业更进一步。最新数据显示,上海60岁及以上人口占其常住人口的36.1%。
Ding said the company plans to introduce another three to five retirement community projects in China over the next five years and hopes that its international philosophy in elderly care will function as a supplement to the local elderly care style.
丁表示,公司计划在未来五年内在中国再推出三到五个养老社区项目,希望其国际化的养老理念能为本地的养老方式提供补充。
In the 14th Five-Year Plan (2021-25) passed by the National People's Congress in early March, the central government included a recommendation to raise the retirement age to 68.
在今年3月初全国人大通过的“十四五”规划中,中央政府提出了将退休年龄提高到68岁的建议。
"The retirement of Jack and me reflects our confidence in Daniel.
It provides employees with more choices that better meet their personal and family needs as they move through various stages of life, by offering an enhanced medical coverage, a long-term retirement plan and a new savings solution for more immediate needs such as housing, education and healthcare expenses.
"Today is not the retirement of Jack Ma but the beginning of the inheritance of the institution," Ma said during a celebration ceremony in Hangzhou.
"Anyone buying this stock should not think about putting it away for retirement.
"China has an aging population and declining birthrate, making it more important for people to build wealth and plan for their retirement.
""In the next three to five years, CPIC will develop six retirement communities involving 8,000 to 10,000 high-end senior apartments with 10,000 to 12,000 beds," added Wei.
CPIC will build retirement community named Pacific Care Home to cater to different needs of the elderly, including six suburban as well as residential recreation caring projects and several high-end urban healthcare centers equipped with more than 10,000 beds featuring high-quality rehabilitation nursing services.
Under such a circumstance, developing retirement and senior care industry is bound to be a key opportunity for insurance companies.
It is also the biggest move by Alibaba after Jack Ma, co-founder and chairman of the group, announced his retirement plan on Sept 10.
Alibaba stock fell 3.7 percent on Monday after Jack Ma announced plans to hand over the chairman position to CEO Daniel Zhang, slashing $15.6 billion in company's net worth compared with the previous trading day, and making Ma's retirement plan the "the most expensive retirement plan ever", according to a report by the 21st Century Business Herald.
Ma's retirement plan was officially announced on Monday.
China's third richest person with a net worth of $36.6 billion according to Forbes magazine, Ma was quoted by the New York Times as saying his retirement was not the end of an era, but the beginning of one.
In an interview, Ma said his retirement is not the end of an era but "the beginning of an era. "
You will know that," Ma said, when being asked about the exact time of retirement in the interview.
No relevant news on Jack Ma's retirement has been released by Alibaba Group's official website and social media.
She recently made another notable contribution to the cause — by delaying retirement to continue working with the airlines.
Tech firm's wealth management channel soon to offer target-date retirement fundsAnt Financial Services Group has invited some younger residents to address their pension options through its wealth management service, just one week after the country's target-date retirement funds received the green light from securities regulators.
"Target-date funds are specifically designed to encourage individuals to save for retirement and plan for the long term," said Zu Guoming, vice-president of Ant Financial.
"The deal came as a recent poll suggested the country's younger population have set an ambitious target of 1.63 million yuan ($236,000) in savings for retirement, but seem ill-prepared to reach that goal.
Those aged 35 years and under - defined by investment fund Fidelity International and Ant Financial as the younger generation - said they would consider saving only after the age of 40 and would allocate just 20 percent of their income for retirement purposes.
"The majority of our respondents said they realize they cannot rely on their families for care in old age, but less than 3 percent acknowledged they have a good command of various retirement fund options.
China offers consumers three ways to save for retirement - the national pension system, voluntary occupational pensions, in the form of annuities and covering only a minority of the population, and private savings, said Fang Lianquan, a researcher at the Center for International Social Security Studies of the Chinese Academy of Social Sciences.
"Target-date retirement funds fall into this third category and are gathering pace in China," he said.
The US faces its own squeeze on aviation talent because many of the current crop of pilots are aged 65, the mandatory retirement age.
Lendlease manages more than 70 senior living communities, containing 12,500 retirement living units accommodating about 16,500 senior residents in Australia.
These seniors include local professionals and influx Chinese citizens who meet the minimum retirement age set by the government.
Lombardo said China has a relatively low retirement age-60 for men and 55 for women-calling for changes in available lifestyle products and options for younger seniors.
After retirement, he will serve as a senior adviser of the companies and focus on his charity foundation which was set up in 1980.
After deducting incidental losses resulting from asset retirement, the company expects its net profit to stand at 990 million yuan.
The asset retirement was part of the nationwide project by telecom firms to replace copper wires with optical fibers so that internet speeds and transmission capacity can be improved.
"Our ultimate goal is to provide full retirement and asset management solutions for our clients in China.
"She said the company hopes to participate in China's pension reform, based on its rich experience in offering retirement products in other markets including the United States and the UK, depending on the progress of relaxation of regulatory restrictions on foreign investments in this sector.
"Our ultimate goal is to provide full retirement and asset management solutions for our clients in China," said Daisy Ho, managing director of Asia excluding Japan for Fidelity International.
They did not see that day before their retirement," said Hu.
Company ensures workers are smoothly transferred"We have set up a job transfer and employment platform for these personnel, providing several kinds of exit channels, including internal transfer, training, self-employment and retirement," said Chen Derong, general manger of China's largest steel-maker.
The growth will come from the development of enterprise annuity and voluntary retirement products.
"It is inevitable that individuals will need to take greater responsibility to prepare a nest egg for their retirement to ensure they have enough at retirement.
Charles Lin, managing director of Vanguard's China unit, said the firm believes that China's retail investment market will be a significant growth driver, given the fast-growing demand for retirement plans and pension funds.
He takes over from Frank Duggan, who has been appointed president of Europe, succeeding Bernhard Jucker, whose retirement was announced earlier.
"It's important to figure out a reasonable and practical policy on postponed retirement," Li said.
We expect that these plans will inevitably involve financing and investments, be it in new lines of low-carbon businesses and technologies, proactive retirement of carbon-intensive assets at the risk of being stranded or made obsolete, or reconfiguring the supply and distribution chains.
"I hope I could work for the company for the next 10 years and have the Chinese branch as big as our headquarters in Germany when I go to retirement," he said.
The number of retirees will surge significantly from 2022 to 2035 as people born during the second baby boom will be past retirement age.
slow down the impact of the aging population on the labor force, such as raising retirement age," Helbling said.
Akiko Terada-Hagiwara, head of the economics and strategy unit for the ADB resident mission in China, suggested that the country take a slew of reform measures to boost its potential growth rate in the coming years, including raising the retirement age, improving education, expanding market access for foreign investors and promoting research and development.
Akiko Terada-Hagiwara, head of economics and strategy unit for the ADB resident mission in China, suggested China take a slew of reform measures to boost potential growth in the coming years, including promoting capital inflows into sectors with higher returns, raising the retirement age, improving education, and expanding market access for foreign investors.
Feasible solutions include gradually extending the retirement age, increasing human capital accumulation through education and training, and replacing labor with new technologies.
According to the report, a package of reforms that includes closing productivity gaps between State-owned enterprises and private companies, raising the retirement age and reorienting fiscal resources toward strengthening the social safety net can lift China's level of real GDP by around 2.5 percent by 2027.
Hu is not alone in attempting to find meaning in their retirement life.
"Meanwhile, Lin warned that China's working-age population has already been declining, saying it is advisable for the country to gradually raise the retirement age to 65 for both male and female workers, continue improving the quality of the labor force through education and on-the-job training and address vocational training.
At the same time, as awareness for the need to save for retirement grows in China, providing new investment options for pension pools are proving a growth area for mutual funds.
This is likely to gain momentum as China launches individual retirement accounts.
Policymakers unveiled a new private pension scheme last year to offer supplementary retirement funding options for the aging population, alongside traditional pension programs from the government or offered by companies.
China needs to speed up innovation of financial products provided under its private pension program to meet multilayered and diversified retirement planning needs of its rapidly aging population, industry experts said.
Qualified financial institutions must further develop special products through innovation to meet the needs of retirement planning," said Dong Ximiao, chief researcher at Merchants Union Consumer Finance Co. Workers who participate in basic pension insurance for urban employees or the basic pension insurance for urban and rural residents, can take part in China's private pension program.
"The private pension scheme can also improve people's living standard after retirement, easing the public's anxiety and stabilizing the society by reducing the systematic risks under the aging problems," she said.
China's basic old-age insurance, a key program to ensure people's well-being after retirement, has been evolving to a larger-scale management system since its establishment in the 1990s.
"The provision of financial security in retirement is critical for both individuals and societies as most countries are now grappling with the social, economic and financial effects of aging populations," the report said.
Endowment insurance institutions should downsize the types of business whose retirement planning feature is not prominent and stop or divest insurance asset management business that is irrelevant to retirement planning, the China Banking and Insurance Regulatory Commission said on Friday.
Endowment insurance institutions should further highlight their feature of providing retirement planning financial services and clearly define the main directions of their business.
The regulator will promote endowment insurance institutions to focus on the development of the types of business that have a retirement planning feature, such as commercial endowment insurance and the management of enterprise and occupational annuity funds.
A common practice in many countries has been to delay the retirement age.
Although measures such as delaying retirement and increasing pay can spark widespread controversy, they have still proven to be the way forward for many countries.
Most countries in Europe, North America and Oceania, for example, have delayed their retirement age to 63 or even 66 years of age.
The country also aims to gradually raise the age for retirement to increase the total workforce.
Han also urged efforts to push for improvements of major social policies, including gradually raising the retirement age, advancing capacity reductions in key industries, and resolving local government debt risks.
China faces mounting pension and retirement challenges, but it's not without silver linings.
There is no quick fix for state pensions falling short of growing retirement needs, but policymakers see promoting private retirement saving schemes as a key means of filling the gap.
Public awareness of the need to save for retirement has been rising further and across demographic groups in China.
Last year, our third China Retirement Readiness Survey, done by Fidelity International in partnership with Alipay Wealth Management Platform, found more than half of millennial respondents (aged 18-34) and almost 60 percent of those aged above 34 had started preparing for their financial futures.
Top policymakers have recently highlighted the urgent need for China to develop more private retirement savings and pensions.
It strengthened China's determination to accelerate innovation and safety in strategic technologies," said En Xuehai, group chief investment officer of asset allocation and retirement fund investment at China International Fund Management Co Ltd, or CIFM.
Given the country's emphasis on high-quality development, China could consider continuing the practice this year and focusing on employment targets, said En Xuehai, China International Fund Management's group chief investment officer of asset allocation and retirement fund investment.
Given that consumption recovery remained sluggish while the uncertainty of export growth may increase this year, policies to boost consumption will be essential for China to sustain a steady recovery, said En Xuehai, China International Fund Management's group chief investment officer of asset allocation and retirement fund investment.
The focus of China's consumption demand will shift from the current needs of young consumers to household and retirement services, as people aged between 35-44 and over 55 are expected to dominate the country's purchasing power, according to the bank's calculations.
With determined efforts and continuous innovation, the bank has made into the Fortune Global 500 List before Ma's retirement after 14 years at the lender.
在马云掌舵该银行14年后退休前,通过坚定的努力和持续创新,该银行成功跻身《财富》全球500强榜单。
Li Xinxin, deputy chief designer of Dalian Shipbuilding Industry's design and research institute, said many shipowners are accelerating the retirement of older, high-emission vessels in favor of new, advanced ships to comply with International Maritime Organization regulations aimed at reducing global shipping emissions.
As the industry accelerates its upgrade, the new energy equipment will face the issue of large-scale retirement, it said.
Dong Liwan, a professor of shipbuilding at Shanghai Maritime University, said that many Chinese companies have expedited the retirement of their older vessels with high fuel emissions, choosing to acquire new and advanced ships to meet requirements of the International Maritime Organization to help cut carbon emissions in the global shipping business.
Within a single digital model, the shipyard has looked to set up a technology system and creative ecosystem that covers all aspects of a ship's life cycle, including R&D, design, construction, testing, operation, maintenance and retirement.
Feng, born in 1957, has reached 65, the standard retirement age for ministerial-level officials in China.
As the service life of the power battery is between four and six years, the first batch of batteries sold with NEVs in 2015 have gradually reached the "retirement "stage, said Yang.
After retirement, more and more elderly consumers in China, especially those who are well-educated and live in major cities, are finding new passions, hobbies, tech-enabled lifestyles and choices in the run-up to their twilight years.
退休后,越来越多的中国老年消费者,特别是那些受过良好教育且居住在大城市的老年人,正在寻找新的兴趣爱好、科技赋能的生活方式以及为晚年生活增添色彩的选择。
Foreign retirement product managers, due to their rich global experience and China's continuous opening-up agenda, are well-positioned to thrive in the country's personal pension market, which is on the verge of explosive growth, experts said.
专家表示,由于全球经验丰富且中国持续的改革开放议程,外国退休产品管理人员非常适合在中国即将爆发式增长的个人养老金市场中取得成功。
It is a "very urgent" task for China to develop a third-pillar pension system, formed by personal retirement products and complementing the current State-run first pillar and the employment-based second pillar, said Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission.
中国银保监会主席郭树清表示,发展由个人退休产品组成的第三支柱养老金体系,以补充目前的国家管理的第一支柱和就业为基础的第二支柱,是中国“非常紧迫”的任务。