Yoshida Hiroshi
  • Yoshida Hiroshi 
  • By this author: 5 Latest posted: 2012.08.27
Senior staff writer at the Mainichi Shimbun, where he writes on politics and the social security system.
Murky Proposals for a New “Welfare Stipend”2012.08.27

Included in the proposed bill for an integrated reform of the social security and taxation systems, supported by the Democratic Party of Japan, the Liberal Democratic Party, and New Kōmeitō, is a provision to provide elderly people on low incomes with a ¥5,000 monthly “welfare stipend.” This results from a major revision of the government’s initial draft of the bill. The need for compromise to w…

The Need for a National “Get-Off-Welfare” Policy2012.05.25

The number of public welfare recipients in Japan is on the rise, with no end to this trend in sight. This increase is putting a strain on public finances at both the national and regional level. After a review of the welfare system, the government has formulated a new national strategy centered on getting people off welfare. By this June, concrete policies focused on supporting the working-age gen…

The AIJ Pensions Scandal Threatens Japan’s SMEs2012.04.30

Back in February it became clear that AIJ Investment Advisors Co., a Tokyo-based investment advisory firm, was unable to account for some ¥200 billion in pension funds it managed for corporate clients. This still unfolding scandal has the potential to trigger an avalanche that endangers the survival of many of Japan’s small and medium-sized enterprises. Corporate employees’ pension funds involve b…

Guaranteeing the Right to Work Until 652012.03.27

During the current ordinary session of the Diet, the government plans to submit an amendment to the Law Concerning Stabilization of Employment of Older Persons. In April 2013, the age at which men become eligible to receive the state pension will increase from 60 to 61. If the mandatory retirement age remains at 60, as it is in many companies today, large numbers of older people will be left witho…

2012: Tipping Point for Social Security in Japan2012.03.01

Prime Minister Noda Yoshihiko has expressed an “unwavering resolve” to achieve integrated reform of the social security and tax systems, with the focus on raising the consumption tax to 10% (from 5% at present) by fiscal 2015. There is widespread resistance to this plan in both the ruling and opposition parties, however, and it is far from certain that the relevant bills will pass when the governm…

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