Welfare chief open to tapping pension benefits at 75

JIJI

Welfare minister Norihisa Tamura said Sunday that the idea of allowing people on the national pension scheme to start receiving benefits at 75 instead of 65 may be broached in the future.

At present, seniors can start tapping their public pension benefits when they turn 65, but have the option of pushing the starting age back to 70 to increase the per-month payout.

Speaking to reporters after speaking on a TV program in Tokyo, Tamura said he favored the idea of letting people decide when to tap their pensions so they can adjust to changing income situations.

While pointing out that pushing back the pension age is a medium- to long-term challenge for the government, he said, “It’s hard to mandatorily set the age, say 67 or 70, under the current circumstances.”