Prime Minister Shinzo Abe has expressed willingness to shift social security benefits — currently aimed primarily at retirees — to the working generation in a move toward a system for "all generations."

In an address to investors at the New York Stock Exchange on Wednesday, Abe said his government will enhance child care and nursing care services to allow the working generation to balance jobs with family responsibilities.

Abe called for the redirection of social security benefits to the working generation "to a greater degree."