Wage benefits for the elderly Decrease to about half after Ordinance 7 Dec. 14:34 on December 20

The Ministry of Health, Labor and Welfare council discussing the revision of the Employment Insurance Law reduced the benefits paid to workers aged 60 to 64, whose wages were lower than those in their current era, to about half of those since Ordinance 7 I decided the policy to do.

In order to maintain the willingness of working for the elderly, the “aged employment continuation benefit” is paid to people aged 60 to 64 when the wage is less than 75% compared to the age of 60. An average of ¥ 1769 billion was paid from employment insurance to 280,000 people a month.

With regard to this benefit, the MHLW council will require all companies to hire all applicants up to the age of 65 and make an unreasonable difference in wages between regular and non-regular employees. In light of the fact that is banned, we decided to gradually reduce the policy.

Specifically, after reducing the benefit rate to about half of the current rate from those who become 60 years old in the Ordinance of Fiscal Year 7, we will consider including abolition in the future.

In addition, it should also take measures to support companies that take the lead in improving the treatment of elderly people.

Based on the council's policy, the Ministry of Health, Labor and Welfare will submit a revised draft of the Employment Insurance Act to the ordinary Diet next year.