City veteran experts to choose fate

When it comes to piloting new policies, Shanghai has never been shy in taking the driving seat - including with pensions.

In October 2010, this eastern metropolis became the first to introduce a flexible retirement plan, allowing some people to delay the day they need to punch out for the final time.

Today, roughly 80 percent of high-skilled workers who have reached pensionable age are still working, according to the city's human resources and social security bureau.