employee rewards & benefits news 
 
You are currently viewing our articles from:
 
17-Apr-08 11:15 [Asia Pacific]
Pension premiums in Japan to be returned
National pension premiums in Japan are to be returned to people who carried on paying after the enrolment period of 40 years had elapsed, it has been announced.

The Health, Labor and Welfare Ministry has announced that due to changes in operational procedures, refunds will now be possible.

People who were signed up to the national pension voluntary enrolment programme, which was aimed at people aged between 60 and 64, are covered by the policy.

In Japan in order to receive the full basic pension of 66,000 yen a month, people must pay premiums for 40 years.

The ministry has said that it is not certain how many people have actually paid the extra premium payments and will therefore be looking into the matter further to try and establish this.

Created from two ministries merging, the Ministry of Health, Labour and Welfare in Japan is one of the cabinet level ministries in the government.




Climate change may not be the most serious problem facing Australia, after a report revealed that pensioners could "bankrupt the federal budget by 2030". Find out more>
After 28 years of "enforced family planning", China's ageing population is growing at a rate faster than any other country in the world, it has been reported. Find out more>
Executives at Australian airline Qantas are to meet with representatives of striking maintenance engineers next week in a bid to end a pay dispute that has seen dozens of flights cancelled.

Find out more>

Search our news archive:
The views and recommendations in this publication are those of Thomsons Online Benefits and have been obtained from a variety of sources. While we believe that our sources are reliable we cannot guarantee that the information in this publication is accurate and it may be condensed or incomplete. thomsons online benefits ltd is authorised and regulated by the Financial Services Authority.

 
© 2005 - 2008 thomsons online benefits
http://www.thomsonsonlinebenefits.com
Printed: 28 August 2008