Japan Pension Service to raise final payment rate of national pension to high 80% range. Final payment rate for self-employed people exceeded 80% for the first time last year.
Japan Pension Service will raise this rate to the upper 80%range over the next five years. The company plans to strengthen its efforts to reach out to business establishments that are newly eligible for Employees' Pension due to the revised law. The Japan Pension service says, "We want people to pay pension insurance premiums properly to prepare for when they become disabled"