On the Possibility of Pension Revision in 2009

2007年03月29日

(Kunio Nakashima)

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.
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