FlyerTalk Forums - View Single Post - Is Japan's pension system headed for oblivion?
Old Jul 22, 2017, 7:43 pm
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mjm
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Join Date: May 1998
Location: Tokyo, Japan (or Vienna whenever possible)
Posts: 6,379
Originally Posted by hailstorm
From next month, the minimum in Japan will be reduced from 25 years to 10. Some 640,000 people who weren't eligible under the old system will now become eligible for a small pension, even though the promised income tax rise to accommodate it has yet to materialise, putting further strain on this already creaking system.
Thank you for this update. I knew it was in the works but had not heard a date. Going to be a lot of very happy people for sure. This has been way overdue.
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