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In 2004 the government decided to use additional tax money to cover part of the basic portion of national pensions. (At present, tax money covers 36.5 percent.) The decision called for tax money to start covering half the portion by the time the new fiscal year begins in April 2009.

This proposition is the prerequisite for another government objective — to ensure that future pension benefits from the kosei nenkin pension system for company workers amount to at least 50.2 percent of the average income of working people. The government should do its utmost to make good on its promise to implement the proposition.

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