Photo: Itsuo Inouye / AP
Japanese workers will provide an opportunity to delay retirement from 65 to 70 years. About it reports The Japan Times.
As noted, thus the authorities try to spur economic growth while the rapid ageing of the population. The plan stipulates that large companies will submit a report on the staff what ages they work with. This should help middle-aged people to settle in the firms, which usually hire young specialists who had just graduated from College.
Other support measures include the issuance of a special driving licence for the elderly and assistance in obtaining certain documents.
In the near future the Council on economic and fiscal policy it is necessary to develop a preliminary plan and specific steps will discuss in the summer of 2019. This bill may be the first step that the government of Prime Minister Shinzo Abe will undertake to stabilize the system of social protection.
Now the Japanese can request early payment of pension at any time from 60 to 70 years. If people agree to it after 65 years, their monthly payments will be higher, however, this approach is not common now. The new project assumes that citizens will be able to defer the pension until age 70.
Population ageing is a serious problem for Japan. According to official data, more than one fifth of the population are over the age of 70 years.
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