Japan adopts pension system reform plan

Business Mar 3, 2020

Japan adopts pension system reform plan

The government decided Tuesday to reform the pension system by expanding the range of part-time workers who can join the kōsei nenkin public pension program for corporate employees. The measure is aimed at increasing the number of people, especially women and elderly workers who tend ...

French unions take to streets in make-or-break pension protest

Business / Economy Jan 10, 2020

French unions take to streets in make-or-break pension protest

French trade unions disrupted rail services, cut power output and brought demonstrators onto the streets in cities across France on Thursday in a make-or-break push to force President Emmanuel Macron to abandon his planned pension reform. The country's hard-left unions rallied supporters hoping to regain ...

Paris shops' sales halved as strikes bring chaos to the city

Business / Economy Jan 9, 2020

Paris shops' sales halved as strikes bring chaos to the city

Five weeks into strikes crippling French transport, Emile Sebbag is agonizing over how to keep afloat his two Parisian clothing stores, deserted by shoppers as the backlash against France's pension reform drags on. The start of winter sales on Wednesday — traditionally a big event ...

Editorials Nov 28, 2019

Expanding employee pension coverage

Widening pension coverage will not only add to the benefits irrgegular workers receive in retirement but shore up pension finances by increasing the number of participants in the program.

Japan mulls expansion of pension coverage to include more part-time workers

Business Nov 27, 2019

Japan mulls expansion of pension coverage to include more part-time workers

The government is considering incorporating more part-timers into the employee pension program by requiring companies with smaller workforces to participate, according to government sources. Currently, companies with 501 or more employees must enroll in the kōsei nenkin program. Under the plan being considered, that threshold ...