First of all, I want to state my view: I think we should reduce intervention as much as possible and reduce the number of civil servants. The situation in the 1980s and early 1990s, when many civil servants went into business, was a relatively ideal situation, but this ideal situation is difficult to achieve in the short term.
In a non-ideal situation, if civil servants could delay retirement by ten years, I think it would greatly reduce the burden on the people and increase wealth creation.
Why do I say this? The number of people supported by China’s finances, that is, the official number of people supported by finances, is probably between 63 million and 76 million (the figures for 2020). There are actually many mysteries in this number.
The mystery lies in the fact that since 2013, the government has been relatively strict with the establishment of the system, and the number of on-the-job personnel has remained stable at around 36 million to 39 million, and the management has been relatively strict. But why does the number of people supported by finances reach 60 to 70 million, or even nearly 80 million? The most critical reason is that the number of retirees is growing particularly fast.
In 2000, there were only more than 10 million retirees, and by 2024, it had reached more than 22.9 million, and it will definitely exceed 30 million in 2025. Moreover, the retirement pensions within the system are particularly high and very rigid, and there are various subsidies in addition to the retirement pensions.
In 2014, the retirement pension of public institutions was about 20% to 30% higher than that of enterprises, and by 2017, it was 70% higher. Now it is much higher. Moreover, many civil servants can still have various subsidies after retirement, you can search online to know. For example, there are heating fees in the north, and various subsidies anyway.
China is still in the retirement wave, and more and more civil servants will retire, then the population supported by finances will become larger and larger.
Now civil servants have delayed retirement for several years, I think it is better to take it in one step and delay retirement for 10 years.
If the number of retirees can be controlled without increasing the establishment, then, in the next 10 years, the number of retired civil servants will not increase, then the burden on the people will definitely be greatly reduced.
If civil servants delay retirement for 10 years, there will be very few new civil servants entering, then more young elite talents will run to the market. China is already facing an aging era, and young people who create wealth are already scarce, and you still let them become civil servants, isn’t that a waste? It is better to let them go to the market to create wealth.
Young people are breaking into the market, they know the market better, and their interventionist thinking will be reduced. Young people who do not understand the market enter the government, and generally think that it is easy to do the economy, just manage it, and as a result, they kill the market. They not only do not create wealth, but also hinder the creation of wealth. In the future, when recruiting civil servants, it is best to require more than 10 years of experience in the market.
Young people create more wealth, have more children, and make less trouble with wealth and people, and China’s prospects will be better and better.
Of course, some people say that delaying retirement for 10 years will lead to a serious aging of civil servants and a lack of drive? Will it affect economic development?
Some elderly civil servants also like to manage and make trouble, which is very annoying. But, in general, most elderly people are not so fond of making trouble, which is conducive to development. The market does not need civil servants to have drive. They had better surf the Internet and drink tea in the office every day, and not to manage the affairs of the market, which is best for the people.

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