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difficulties which are likely to arise with the ageing of OECD population structures. Japan has the fastest ageing population … structure in the OECD. In 1960 the proportion of the population aged 65 and over in Japan was 5 per cent. In 1985 this … understood in Japan, and the way in which the Japanese government and people are approaching this issue is of interest to other …
Persistent link: https://www.econbiz.de/10012454859
decisions, focusing on recent Japanese public pension reforms. In Japan, the pensionable age for Employees' Pension Insurance …
Persistent link: https://www.econbiz.de/10012848177
Japan. Reform is essential because ageing will generate extreme pressures on the public, unfunded pension system. We …
Persistent link: https://www.econbiz.de/10014061241
Increases in longevity, changes in pension structure, and the shift to greater individual responsibility for retirement saving make it important that governments provide workers with information about their public retirement benefits. Public pension statements are one way governments can do...
Persistent link: https://www.econbiz.de/10014035233
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incentive mechanism of the public pension system in Japan affecting the retirement behavior has many things in common with those …
Persistent link: https://www.econbiz.de/10013230975
This paper analyzes various reform options for Japan's public pension in light of large fiscal consolidation needs of …Cover -- Contents -- Abstract -- I. Introduction -- II. The Pension System and Past Reforms in Japan -- III. Pension … Contribution Rates -- D. Reducing Preferential Treatments -- IV. Conclusion -- Tables -- 1. Japan: Options to Reduce Government for …
Persistent link: https://www.econbiz.de/10012690157
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Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10003936144