Full-fledged discussion begins at Ministry of Health, Labor and Welfare council ahead of implementation of public pension “financial verification”. The fiscal review shows the outlook for future benefit levels of public pensions, which will be held for the first time in five years.
A number of committee members requested that the government provide an estimate of what would happen if system reforms were made to prevent a decline in benefit levels, such as extending the payment period for national pension insurance premiums. The results of the fiscal review are expected to be announced around summer.