03/06/2009

Current Status and Issues of Japan’s Public Pension System

Insurance Research Department  Researcher Kunio Nakashima 

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This paper examines core issues of Japan's public pension system, including the two-tiered structure and its income redistribution effect, significance of the fixed contribution rate method and macro-indexing of benefits introduced in the 2004 reform, debate on the adoption of tax funding for the public pension system, and need for better retirement preparation by individuals.

Insurance Research Department    Researcher

Kunio Nakashima

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03-3512-1859

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