
Commentary / Japan Feb 14, 2019
The 100-year life and public pension reform
Is it possible for people who live to 100 to receive sufficient pension benefits for 35 years?
For Hisakazu Kato's latest contributions to The Japan Times, see below:
Is it possible for people who live to 100 to receive sufficient pension benefits for 35 years?
Due to demographic changes, the welfare state that many developed countries aimed to create in the mid-20th century is now out of reach.
Inviting more highly talented and skilled workers from overseas will be crucial to raising Japan's productivity in the future.
As its population declines, Japan must make the right policy choices to ensure it has a sufficent labor force.
The government needs to come up with bold policies to redirect the population flow away from Tokyo.
With Japan entering unprecedented demographic territory, the time to act is now.