Many Japanese Seniors Support Working Until 70Economy Society Lifestyle Work
As Japan’s population grays, the balance has been upset between those receiving pensions and those paying into the system. A debate is now underway on how to expand employment to cater for energetic seniors willing to work.
A study conducted in December 2019 by the Japanese Trade Union Confederation (Rengo) found that 69.8% of those surveyed were aware that the government is debating how to expand employment for the elderly; and 71.4% approved of the idea of advancing policies to secure employment opportunities up to the age of 70. Among those approaching the age of 70, in the 65–69 age bracket, the approval rate was particularly high, at 87%.
The survey found that most of those over 60 who are currently employed are working an eight-hour day, five days a week. Monthly salaries range between ¥50,000 and ¥250,000, with the average being ¥189,000. The average salary among those in regular positions was higher, at ¥331,000, which is more than double the ¥130,000 received on average among those working nonregular jobs with short-term contracts.
The survey found that among those 60 or older who are employed, a strong majority of 70% are satisfied with the duties and style of their work, but only 44% of them are satisfied with their salary.
The main reasons people are working are to “earn a living” or “stay healthy.”
(Translated from Japanese. Banner photo © Pixta.)