Mar 3, 2017

Pension fund logs record profit in October-December

The Government Pension Investment Fund (GPIF) said Friday it posted a record investment profit of ¥10.50 trillion in the October-December period, boosted by a rally in stocks at home and abroad after Donald Trump’s victory in the U.S. presidential election.The world’s largest pension fund, ...

Japan's pension payments system set for overhaul

Feb 3, 2017

Japan's pension payments system set for overhaul

Japan’s public pension system is set to undergo an overhaul starting in April following sweeping changes to contributions and payments in the face of an aging and dwindling population.Under a law passed by the Diet late last year, retirees and pensioners will “share burdens” ...

/ Nov 29, 2016

Lower House passes pension reform bill amid opposition protest

A bill aimed at keeping Japan’s pension system sustainable in the face of a graying and shrinking population passed in the House of Representatives Tuesday amid fierce protests from opposition parties.The ruling coalition of the Liberal Democratic Party and Komeito are aiming to introduce ...