Pension system revision Full-scale discussion begins Focus on relaxation of membership conditions September 27 14:49

A full-fledged debate for the revision of the pension system began at the Council of the Ministry of Health, Labor and Welfare, and there were a series of opinions that the scope of application should be expanded in order to promote participation in the employees' pension for short-time workers working in the part . The focus will be on how much the terms and conditions will be eased while also considering companies that bear insurance premiums.

On the 27th, the Ministry of Health, Labor and Welfare's Social Security Council's pension subcommittee was held on the 27th, following the announcement of the “financial verification” result, which indicates the outlook for the future benefit level of public pensions. Discussion began.

At the meeting, the expansion of the application of the welfare pension to short-time workers working as part-time employees became an agenda, and attendees expressed their opinion that the scope of application should be expanded, such as “leading to peace of mind after retirement”.

Opinions were issued asking for the gradual reduction or elimination of the company-wide requirement of “more than 501 employees”, which is now a condition for joining the Employees' Pension.

On the other hand, it is pointed out that consideration and support measures for companies that bear half of the insurance premium should also be considered, and the focus will be on how much to ease the conditions of participation.

In the future, the subcommittee is considering expanding the options for the age at which pensions can start to be received from the age of 70, and plans to compile concrete measures within the year. This policy is usually submitted to the Diet.