29/03/2007

On the Possibility of Pension Revision in 2009

Insurance Research Department  Researcher Kunio Nakashima 

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In the past, the public pension system was revised every five years based on a "financial recalculation" and census projections. But under the 2004 pension reform, the new "financial verification" process slated from 2009 will be decoupled from census projections, making it unclear whether a revision will occur in 2009. One view sees no need for revision, while another view contends that mounting pressures from the 2004 reform will compel revision.

Insurance Research Department    Researcher

Kunio Nakashima

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03-3512-1859

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