I currently have a Foreigner Expert Certificate in Shanghai.I understand that the format is changing/has changed to a universal permit with three bands, A,B,C. I believe I would be in Band B when mu current cert is renewed. I will turn 60 years old before my current contract expires in 2018. It is vitally important to me that I continue working past 60 and as originally hired on the understanding I could work to 65 or beyond.
I think there has always been a rule, rarely enforced, that expat certs would not be renewed past 60. I have heard, though not from my own HR people, that this rule will hitherto be enforced for all but Band A visas. I know that several companies and International schools in Shanghai have pre-emptively released 59+ people because a work permit cannot be guaranteed.
My own HR people tell me "there is nothing in the rumours". Since they apparently do not even know (or are not willing to talk about) that the Expert certificate is being replaced, I am not reassured. I have a short window during which I can invoke a contract cancellation clause, and thus be able to seek work elsewhere (not China) before I turn 60 - this will not be a problem as long as it is before I turn 60. But there will be a significant cost to me, and, besides, I rather like my current job.
I have been unable to find out anything more definite. Any knowledge, experience, facts,etc would be most welcome.
Expat Health Insurance
Cigna Global Health Insurance - 10% off any plans bought in November and December 2023
With Cigna, you won't have to rely on foreign public health care systems, which may not meet your needs. Cigna allows you to speak to a doctor on demand, for consultations or instant advice, wherever you are in the world. They also offer full cancer care across all levels of cover, and settle the cost of treatments directly with the provider. Cigna is currently offering a 10% discount for seniors (over 60) on their Silver package.
International Movers. Get Quotes. Compare Prices.
Sirelo has a network of more than 500 international removal companies that can move your furniture and possessions to your new home. By filling in a form, you’ll get up to 5 quotes from recommended movers. This service is free of charge and will help you select an international moving company that suits your needs and budget.