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strengthened in order to better serve one of the most rapidly aging populations in the world. Public and private pensions in Japan … traditional lifetime employment contracts. Recent legislation permitting the establishment of defined contribution plans in Japan …
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pensions in Japan are estimated to hold around US$3 trillion, making that system the second largest globally after the United … contribution plans in Japan may provide new opportunities for employer-sponsored retirement plans. We begin by describing the …
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Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked contrast to the situation in Anglo-Saxon countries. It has advantages if labour markets are strong, e.g., following a quick recovery from the Great Recession. It has disadvantages, as...
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