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 ...

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 ...

/ Nov 28, 2016

Ruling parties agree on two-week Diet extension

The ruling coalition decided on Monday to extend the extraordinary Diet session by two weeks, giving itself a window to pass bills on the Trans-Pacific Partnership trade agreement and pension reform before the legislature closes for the year. The extension means the extra session ...

Nov 27, 2016

Tax freeze on pension assets to be extended three years

The government and ruling coalition plan to extend the tax freeze on corporate pension assets for three years in light of the tough investment climate surrounding the Bank of Japan’s negative interest rate policy, it has been learned. The ruling Liberal Democratic Party and ...

Nov 25, 2016

World's biggest pension fund gains ¥2.4 trillion as stocks rally

The world’s biggest pension fund posted its first profit in four quarters as stocks rebounded, providing some respite for the Japanese state money manager after critics lambasted it for taking on too much risk. The Government Pension Investment Fund returned 1.8 percent, or ¥2.4 ...