[PDF] Retirement Benefits And Pension Plans In Japan eBook

Author : Robert Louis Clark
Publisher : University of Pennsylvania Press
Page : 128 pages
File Size : 31,40 MB
Release : 1991
Category : Business & Economics
ISBN :

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From the Pension Research Council of the Wharton School

Author : National Research Council
Publisher : National Academies Press
Page : 486 pages
File Size : 43,86 MB
Release : 2012-07-31
Category : Social Science
ISBN : 0309254094

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The population of Asia is growing both larger and older. Demographically the most important continent on the world, Asia's population, currently estimated to be 4.2 billion, is expected to increase to about 5.9 billion by 2050. Rapid declines in fertility, together with rising life expectancy, are altering the age structure of the population so that in 2050, for the first time in history, there will be roughly as many people in Asia over the age of 65 as under the age of 15. It is against this backdrop that the Division of Behavioral and Social Research at the U.S. National Institute on Aging (NIA) asked the National Research Council (NRC), through the Committee on Population, to undertake a project on advancing behavioral and social research on aging in Asia. Aging in Asia: Findings from New and Emerging Data Initiatives is a peer-reviewed collection of papers from China, India, Indonesia, Japan, and Thailand that were presented at two conferences organized in conjunction with the Chinese Academy of Sciences, Indian National Science Academy, Indonesian Academy of Sciences, and Science Council of Japan; the first conference was hosted by the Chinese Academy of Social Sciences in Beijing, and the second conference was hosted by the Indian National Science Academy in New Delhi. The papers in the volume highlight the contributions from new and emerging data initiatives in the region and cover subject areas such as economic growth, labor markets, and consumption; family roles and responsibilities; and labor markets and consumption.

Author : David Rajnes
Publisher :
Page : 16 pages
File Size : 33,27 MB
Release : 2008
Category :
ISBN :

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This article examines the development of Japanese voluntary employer-sponsored retirement plans with an emphasis on recent trends. Before 2001, companies in Japan offered retirement benefits as lump-sum severance payments and/or benefits from one of two types of defined benefit (DB) pension plans. One DB plan type was based on an earlier occupational pension model used in the United States. The other DB plan type allowed companies to opt out of the earnings-related portion of social security. Landmark laws passed in 2001 introduced a new generation of occupational retirement plans to employers and employees, creating three new DB plan designs and two new defined contribution types of plans. Since that time, the mix of employer-sponsored retirement plans offered in Japan has changed significantly, and overall employee coverage has declined. On balance, employer-sponsored retirement plans have remained largely defined benefit in design.

Author : Kenichiro Kashiwase
Publisher : International Monetary Fund
Page : 21 pages
File Size : 48,11 MB
Release : 2012-12-04
Category : Business & Economics
ISBN : 1475544316

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This paper analyzes various reform options for Japan’s public pension in light of large fiscal consolidation needs of the country. The most attractive option is to increase the pension eligibility age in line with high and rising life expectancy. This would have a positive effect on long-run economic growth and would be relatively fair in sharing the burden of fiscal adjustment between younger and older generations. Other attractive options include better targeting by “clawing back” a small portion of pension benefits from wealthy retirees, reducing preferential tax treatment of pension benefit incomes, and collecting contributions from dependent spouses of employees, who are currently eligible for pension benefits even though they make no contributions. These options, if implemented concurrently, could reduce the government annual subsidy and the government deficit by up to 11⁄4 percent of GDP by 2020.

Author : Robert J. Ballon
Publisher :
Page : 42 pages
File Size : 49,97 MB
Release : 1976
Category : Retirement
ISBN :

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Pamphlet on present and historical aspects of the old age benefit system in Japan - includes statistical data on retirement labour costs and age limitations, and discusses trade union involvement in negotiations as well as the development of private sector pension schemes. Statistical tables.

Author : Samuel Pienknagura
Publisher : International Monetary Fund
Page : 52 pages
File Size : 28,29 MB
Release : 2021-09-10
Category : Business & Economics
ISBN : 151359611X

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Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.

Author : OECD
Publisher : OECD Publishing
Page : 224 pages
File Size : 34,67 MB
Release : 2019-11-27
Category :
ISBN : 9264876103

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The 2019 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. Moreover, two special chapters focus on non-standard work and pensions in OECD countries, take stock of different approaches to organising pensions for non-standard workers in the OECD, discuss why non-standard work raises pension issues and suggest how pension settings could be improved.