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August 15, 2024
 

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PENSIONS

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.
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 / EXPLAINER
Jun 23, 2019
Report on Japan pension shortfall spurs anxiety — and a closer look at the system
The Financial Services Agency earlier this month released a report on the future financial security of senior citizens that suggested people would have to save more to make up for expected shortfalls in the public pension system, sparking public anxiety and major controversy over the government program's...
Japan Times
JAPAN / Media / BIG IN JAPAN
Jun 22, 2019
Japan's print media ponder wealth, poverty and pensions
One of my recollections from the bubble economy of the 1980s was a passage in a 1987 book titled "Hokokuron" ("The Theory of National Wealth"). Its author, the late economist Taiichi Sakaiya, stood out as one of the bubble era's most fervent cheerleaders.
Japan Times
JAPAN / Politics
Jun 21, 2019
Finance Minister Taro Aso survives no-confidence motions over rejection of Japan pension report
Opposition party-submitted resolutions rebuking Finance Minister Taro Aso for his refusal to receive a report questioning the ability of the country's pension system to meet retirees' needs were voted down in the Diet on Friday.
Japan Times
JAPAN / Politics
Jun 19, 2019
Abe says snap election 'nowhere on my mind,' but few likely to take his words at face value
Prime Minister Shinzo Abe is seeking to quell speculation he may dissolve the Lower House to coincide with July's pre-scheduled Upper House poll in a so-called “double election.”
EDITORIALS
Jun 16, 2019
Can pensions cover retirement expenses?
The Abe administration has disowned a government agency's report concluding that the public pension system might not cover the costs of a long retirement life.
Japan Times
WORLD
May 30, 2019
Contrasting visions of Denmark's welfare state turn issue into hot election topic
The Nordic welfare model, long the envy of many across the world seeking an egalitarian utopia, is creaking.
Japan Times
BUSINESS / Markets
Feb 8, 2019
Record $135 billion loss by Japan's pension fund shows shifting from bonds to stocks has a cost
A record quarterly loss at the world's largest pension fund is prompting a debate on whether its shift to stocks from bonds was excessive.
Japan Times
WORLD / Politics
Jan 24, 2019
Bolsonaro says Brazil must reform or it will become the next Venezuela
Brazilian President Jair Bolsonaro pledged swift and sweeping measures to fix the economy and ward off what he said was a risk that Latin America's largest nation turns into a Venezuela-style regime.
Japan Times
COMMENTARY / Japan
Dec 31, 2018
Japan in 2019: 10 surprises
The outlook for Japan in 2019 is bright.
Japan Times
BUSINESS
Nov 7, 2018
British women protest as their pension age rises to meet men's at 65
Millions of British women feel "betrayed" and many are facing poverty, campaigners said on Tuesday, as the age they can claim the state pension rose to 65 to match that of men.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

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