Social Security Pensions and Intergenerational Equity: The Japanese Case

Noriyuki Takayama

Chapter 3 in Intergenerational Equity and Sustainability, 2007, pp 36-52 from Palgrave Macmillan

Abstract: Abstract Japan already has the oldest population in the world. It built a generous social security pension programme, but since 2001 the income surplus of the principal pension programme has turned into a deficit, and from then until the 2004 reforms, its balance sheet, which showed a huge excess of liabilities, engendered a growing distrust of the government’s commitment on pensions. The Japanese have been increasingly concerned with the incentive-compatibility problem.

Keywords: Pension System; Pension Benefit; Social Security Contribution; Pension Reform; Intergenerational Equity (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230236769_3

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