An elderly man (R) smokes a pipe as he chats with another man on a sofa in front of piles of bricks in Yongji, Shanxi province, in this April 11, 2015 file photo. China, whose state pension fund is under pressure to break even in coming years, will formalize a plan in 2017 to raise the official retirement age, China News Service reported on February 28, 2016, citing a senior government researcher. (Photo by Reuters/Stringer)
