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The 1994 Reform Bill for public pensions in Japan

Its main contents and related discussion

Bibliographic Data

ID9970379
AuthorsNoriyuki Takayama (Hitotsubashi University, corresponding author)
Year1995
Volume48
Issue1
Pages45-65
Publication date1995-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Social Security Review (JOURNAL)
Journal identifiersISSN: 0020-871X • E-ISSN: 1468-246X
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1468-246x.1995.tb00422.x
OpenAlexW2029153157
LanguageEN
Citations received1
References cited4

In March 1994 the Japanese government submitted a bill to the National Diet to reform the public pension system. It proposes to increase the normal retirement age for the flat‐rate basic benefits for employees from 60 to 65 years of age by stages (between 2001 and 2013 for men), while guaranteeing to pay the earnings‐related benefits for them from age 60 without any reduction. It also proposes a much more generous earnings‐test and an introduction of old‐age employment benefits, both to encourage later retirement. Another main proposal is to switch the benefits indexation from a gross to a net wage basis. This paper gives a detailed explanation of the bill, discussing why such a reform bill is submitted, whether or not it can manage to control the cost of social security in the long term, and whether or not the reform measures can effectively generate jobs for the elderly. Pensions for women, as well as some measures to support both childbirth and childrearing, are also explored

Control (management · Demographic economics · Earnings · Economics · Government (linguistics · Labour economics · Pension · Retirement age · Social security · Test (biology · Wage · Accounting · Finance · Migration, Aging, and Tourism Studies · Retirement, Disability, and Employment · Social Policy and Reform Studies

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Unique citing works1
Citations per year0.03
Citation span1997 - 1997 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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