Fiscal Trial Start discussing social security review October 9, 17:06
The Minister of Finance's advisory body, the “Financial System Council,” has begun discussing social security reviews. The Ministry of Finance should scale down in anticipation of abolishment in the future, as the “employed old-age pension” system, which reduces the pension of elderly people with a certain income, is deprived of the willingness to continue working even as it gets older I proposed.
The council for financial system began discussions for the preparation of the budget plan for the next fiscal year and exchanged opinions on the review of pensions, nursing care, etc. in “Social Security Expenses” on the 9th.
The Ministry of Finance proposed that the “employed old-age pension” system, which reduces the pension of people who have worked and earned a certain amount of income in the pension field, should be scaled down in the future.
Although there are many criticisms that the abolition of the system will be a “rich man ’s preferential treatment”, “It is better not to work if you do not get a pension” and it is important to reduce the number of elderly people who lose their willingness to work and increase the number of workers.
On the other hand, in order to curb social security costs, which are increasing due to the rapid aging of the population, a reform proposal was also made to demand an increased burden on the elderly and child-rearing households.
Specifically, raising the self-pay ratio of nursing care service users from 10% to 20% in principle, and “child allowance” provided to households with children up to junior high school students exclude households with high income Proposed to do.
The council will consider specific policies, taking into account the discussions of the government's “All-Generation Social Security Review Conference”.