Virus-hit Japanese companies turning to early retirement to cut costs
Early retirement was offered by 72 listed companies to a total of around 14,000 employees as of Oct. 29, topping a total of 35 companies and about 11,350 employees in the previous year.
To retire rich, don’t leave too much to your kids
Don’t be surprised if those retiring in 2035 need an extra five years or more of future income because of longevity alone.
64% in Japan willing to work beyond retirement age, survey shows
The survey showed the older people get, the more likely that they prefer their current jobs.
It is deeply disturbing that the ruling coalition is trying to push this revision through the Lower House this week.
In a bid to dampen the effects of a rapidly graying society, the Cabinet on Tuesday approved bills to urge businesses to let employees work until age 70.
Japanese women face a future of poverty, as confluence of factors conspire against them
At first glance, things seem to be getting better for Japanese women. In an economy that's historically lagged other developed nations when it comes to female workforce participation, a record 71 percent are now employed, an 11 point leap over a decade ago. The government boasts ...
Japan to urge firms to employ workers until age 70 from next year
The labor ministry plans to urge companies from April 2021 to ensure jobs are available for workers until the age of 70, it was learned Wednesday. The ministry will also require large companies with over 300 workers to publish the number of mid-career hires on ...
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.
The survey on elderly employment, released Friday, also showed that 61 percent of companies are able to offer part-time positions to such workers.
Excessive concern over public pension
Reform of the Japanese public pension system in accordance with the nation's aging population is becoming increasingly unavoidable.
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. But ...
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. SBI Securities Co. and Monex Group Inc. have seen applications for defined contribution pension plans surge since ...
