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© KYODONumber of elderly reaches record 36.17 mil in Japan
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© KYODO
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sf2k
then that's not a pension, that's a donation
robert maes
R T
whenever anyone needs to get insulting in a discussion is does not say much good about the argument.
I am not old, as you assume and I pay taxes for 3 companies, myself and staff. And pension and it is not about getting back it is about giving back and respecting the country and people you live in
venze
36.2 million elders ( 65 years old) in a nation of estimated 125.5 millions, that is ~ 28.8%. Indeed, by year 2030, it could rise to 33.3%, one-third of the total population. What a burden to the nation then, notably the younger generation..
Do the hustle
You can apply to get your money back after you have lived outside of Japan for a year. You will receive about 18% back if you don’t have arrears. My Japanese Mrs has been paying into it for a couple of decades. She has paid a little over $60k into it. Her payout figure is $12k. How wonderful, NOT!
sakurasuki
Unlike other countries, in Japan that's happen without significant population growth or big change in immigration policy.
Because of this, you need to become older and older to be able to get your pension benefit.
https://asia.nikkei.com/Economy/Japan-raises-maximum-age-for-starting-pension-benefits-to-75
AG
That is not a healthy mindset.
It is your choice to be here, and to be part of Japan’s problems.
I, naturally, also disagree with some things in Japan, as I did in every country I lived previously - as there is no perfect place in this word.
However Japan allowed me to be here, and for that reason I am grateful for it, as you should also, embracing the less positive things that it brings too as a “side effect”.
After all, this is home now.
That mentality of I do not care about Japan’s problems will only create an even bigger gap between locals and foreigners, which is exactly the opposite of what should happen.
Moderator
Back on topic please.
gokai_wo_maneku
I hope Suga sets up a group to find out why young people are not getting married and having kids, and then develops some actual solutions to mitigate the problem. Are there other problems besides young people not making enough money to get married and have kids? Psychological issues with young people? Are marriage and kids not valued by young people?
dbsaiya
Do the hustle - It's the problem coupled with low birth rate. An aging society means longer dependence on social services but without the tax revenue to fund these programs, Japan is facing an existential crises.
robert maes
R T
it is called social responsibility and ethical and moral duty. I am also an expat but in any country (11) i have lived and worked i have paid taxes, pension, health and other social contributions. And you actually do get a part of your pension contributions back when you leave Japan. Which, i hope for all of us, expats and Japanese will come sooner rather then later. I hope you are young enough to be ashamed of your post, later.
Do the hustle
A little over 25% is consistent with many other developed countries. Why all the fuss and poverty?
CAPTAIN
Big surprise!