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The Social Insurance Agency’s investigation into pension-related frauds has found that pension premiums and benefits and other funds have been embezzled by municipal and agency workers in 99 cases, totaling more than ¥340 million. This new revelation undermines the people’s trust in the nation’s pension system. Between fiscal 1966 and 2001, employees of 44 municipal governments in 23 prefectures embezzled a total of ¥200.78 million in 49 cases, and from fiscal 1963 to fiscal 2006, SIA workers embezzled a total of ¥141.97 million in 50 cases.

The agency, which is part of the health and welfare ministry, says that pension recipients were not and will not be affected because the pension-related records that were tampered with by embezzlers have been rectified.

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