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April 29, 2024
 

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PENSIONS

Japan Times
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.
Japan Times
BUSINESS / Tech / Commentary
Feb 5, 2020
Robots, including one by Sony, are coming for fund management jobs
Remember Aibo, the computerized dog Sony Corp. started selling in 1999 as the first personal robot? Hiro Mizuno, the chief investment officer of the Government Pension Investment Fund, does. So he asked Sony's computer science lab unit to build him a cyberhound using artificial intelligence to help oversee the external fund managers who manage GPIF's ¥175 trillion ($1.6 trillion) in assets.
Japan Times
BUSINESS
Jan 16, 2020
War of attrition: Macron plans to financially grind down French strikers
When French trade unions declared a nationwide strike to protest against planned pension reforms, Nicolas, a 34-year-old maintenance technician with the Paris metro, went on strike for three straight weeks. Then he went back to work.
Japan Times
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.
Japan Times
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.
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 Times
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.
Japan Times
WORLD / Society
Nov 22, 2019
Colombians march to keep wages and pensions intact as government warns against violence
Colombian unions, student groups and other protesters were marching on Thursday to insist the government maintain the minimum wage for young people and the universal right to a pension, even though the government says those are not part of reform plans.
Japan Times
BUSINESS
Sep 30, 2019
Trudeau plans deeper deficits if he wins power again in Canada
Prime Minister Justin Trudeau is prepared to run larger deficits — growing Canada's debt by 31.5 billion Canadian dollars ($23.8 billion) more than previously projected over the next four years — to finance campaign promises if his Liberal government is re-elected.
Japan Times
BUSINESS / Markets
Sep 27, 2019
Investors await naming of CIO at Japan's GPIF, the world's largest pension fund
The Government Pension Investment Fund will likely announce next week whether its chief investment officer will continue to manage the monolith's $1.48 trillion in assets.
Japan Times
JAPAN
Sep 25, 2019
FSA will no longer make reference to controversial post-retirement savings estimate
The Financial Services Agency decided Wednesday it will no longer make reference to a controversial estimate that a retired couple that lives to be 95 years old would need at least ¥20 million in addition to their benefits under the national public pension system.
Japan Times
BUSINESS / Economy
Sep 25, 2019
Fear of retirement poverty drives Japanese to private pensions
Japanese households are rushing to private retirement products after a government report fueled fears that the national pension system won't be enough to support them during old age.
Japan Times
BUSINESS
Sep 17, 2019
Doctors, lawyers and pilots protest in Paris over Macron's pension reforms
Lawyers in flowing black courtroom gowns, doctors in white coats and uniformed airline pilots marched through Paris on Monday to protest at French President Emmanuel Macron's pension reforms.
Japan Times
JAPAN / Society
Sep 12, 2019
Abe and his new Cabinet face significant obstacles toward reforming nation's social security systems
Prime Minister Shinzo Abe, who reshuffled his Cabinet on Wednesday, said he will boost efforts to reform the nation's social security systems — a top domestic priority for him as he enters the last two years of his final three-year term as president of the ruling Liberal Democratic Party.
BUSINESS
Aug 29, 2019
Japan budget requests for fiscal 2020 on way to record-high ¥105 trillion
General-account budget requests from government agencies and ministries for fiscal 2020 are expected to set a new record near ¥105 trillion, it has been learned.
Japan Times
BUSINESS
Aug 28, 2019
Japan eyes overhaul of pensions after payouts predicted to be worth 20% less within 30 years
Chief Cabinet Secretary Yoshihide Suga said Wednesday that the government will consider overhauling the public pension system to make sure it is sustainable in the long term, a day after the government projections showed that pension payouts would fall by nearly a fifth in real terms by 2047.
COMMENTARY / Japan
Aug 2, 2019
Pension reform must accompany consumption tax hike
To end people's fears that the public pension won't support them in retirement, the government must place comprehensive social security reform at the top of the political agenda.
JAPAN
Aug 2, 2019
Japan's social security benefits topped ¥120 trillion to hit record high in 2017
Social security benefits paid out in fiscal 2017 reached a record high and exceeded ¥120 trillion for the first time, a welfare ministry-affiliated think tank said Friday.
Japan Times
COMMENTARY / Japan
Jul 25, 2019
The real policy challenges facing Japan
Prime Minister Shinzo Abe must place priority on resolving several major policy challenges confronting Japan before he tries to revise the Constitution.
Japan Times
JAPAN / Politics
Jun 28, 2019
31% to vote for LDP-Komeito coalition, 20% for opposition but 39% undecided, Japan poll shows
Prime Minister Shinzo Abe's Liberal Democratic Party has the highest support rate ahead of the Upper House election in July, far eclipsing that of the nearest opposition party, a Kyodo News survey showed Thursday.
Number of homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
In Japan, regional revitalization fails to halt population decline
Sakiyama elementary school in Tamba, Hyogo Prefecture, in March .Over the past decade, the government has directed efforts toward policies designed to give young people incentives to base themselves in rural areas.
Putin’s war will soon reach Russians’ tax bills
Russian President Vladimir Putin speaks during a meeting in St. Petersburg on Friday.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.

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