Retirement Income Security in Japan: An Overview of the Public and Private Pension System

Hongmu Lee

doi:10.1007/978-981-19-6446-6_3

Retirement Income Security in Japan: An Overview of the Public and Private Pension System

Hongmu Lee^*

^*Corresponding author for this work

School of Commerce

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

The purpose of this study is to examine the issues of the pension system as a comprehensive means of measures for old age from the standpoint of pensioners as financial consumers in Japan. This study covers public and private pension schemes, as well as reverse mortgages in Japan. Japan's public pension system consists of the National Pension Plan, which all citizens between the ages of 20 and 60 are enrolled in, and the Employees' Pension Plan, which is added to the National Pension Plan. Private pensions include corporate pensions and individual pensions sold by insurance companies. In addition, there are reverse mortgages provided by public institutions or financial institutions.

Original language	English
Title of host publication	Contributions to Management Science
Publisher	Springer Science and Business Media Deutschland GmbH
Pages	49-88
Number of pages	40
DOIs	https://doi.org/10.1007/978-981-19-6446-6_3
Publication status	Published - 2022

Publication series

Name	Contributions to Management Science
ISSN (Print)	1431-1941
ISSN (Electronic)	2197-716X

ASJC Scopus subject areas

Business and International Management
Strategy and Management
Management Science and Operations Research
Marketing
Management of Technology and Innovation

Access to Document

10.1007/978-981-19-6446-6_3

Cite this

@inbook{75160f56cb7141b59a948af32cb35209,

title = "Retirement Income Security in Japan: An Overview of the Public and Private Pension System",

abstract = "The purpose of this study is to examine the issues of the pension system as a comprehensive means of measures for old age from the standpoint of pensioners as financial consumers in Japan. This study covers public and private pension schemes, as well as reverse mortgages in Japan. Japan's public pension system consists of the National Pension Plan, which all citizens between the ages of 20 and 60 are enrolled in, and the Employees' Pension Plan, which is added to the National Pension Plan. Private pensions include corporate pensions and individual pensions sold by insurance companies. In addition, there are reverse mortgages provided by public institutions or financial institutions.",

author = "Hongmu Lee",

note = "Funding Information: In such an environment, the DC (individual type) was created to help each citizen{\textquoteright}s self-help efforts, and subscriptions to it are increasing rapidly. (This work was supported by JSPS KAKENHI Grant Number 22K01563.) Publisher Copyright: {\textcopyright} 2022, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.",

year = "2022",

doi = "10.1007/978-981-19-6446-6_3",

language = "English",

series = "Contributions to Management Science",

publisher = "Springer Science and Business Media Deutschland GmbH",

pages = "49--88",

booktitle = "Contributions to Management Science",

}

TY - CHAP

T1 - Retirement Income Security in Japan

T2 - An Overview of the Public and Private Pension System

AU - Lee, Hongmu

N1 - Funding Information: In such an environment, the DC (individual type) was created to help each citizen’s self-help efforts, and subscriptions to it are increasing rapidly. (This work was supported by JSPS KAKENHI Grant Number 22K01563.) Publisher Copyright: © 2022, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

PY - 2022

Y1 - 2022

N2 - The purpose of this study is to examine the issues of the pension system as a comprehensive means of measures for old age from the standpoint of pensioners as financial consumers in Japan. This study covers public and private pension schemes, as well as reverse mortgages in Japan. Japan's public pension system consists of the National Pension Plan, which all citizens between the ages of 20 and 60 are enrolled in, and the Employees' Pension Plan, which is added to the National Pension Plan. Private pensions include corporate pensions and individual pensions sold by insurance companies. In addition, there are reverse mortgages provided by public institutions or financial institutions.

AB - The purpose of this study is to examine the issues of the pension system as a comprehensive means of measures for old age from the standpoint of pensioners as financial consumers in Japan. This study covers public and private pension schemes, as well as reverse mortgages in Japan. Japan's public pension system consists of the National Pension Plan, which all citizens between the ages of 20 and 60 are enrolled in, and the Employees' Pension Plan, which is added to the National Pension Plan. Private pensions include corporate pensions and individual pensions sold by insurance companies. In addition, there are reverse mortgages provided by public institutions or financial institutions.

UR - http://www.scopus.com/inward/record.url?scp=85143508918&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=85143508918&partnerID=8YFLogxK

U2 - 10.1007/978-981-19-6446-6_3

DO - 10.1007/978-981-19-6446-6_3

M3 - Chapter

AN - SCOPUS:85143508918

T3 - Contributions to Management Science

SP - 49

EP - 88

BT - Contributions to Management Science

PB - Springer Science and Business Media Deutschland GmbH

ER -

Retirement Income Security in Japan: An Overview of the Public and Private Pension System

Abstract

Publication series

ASJC Scopus subject areas

Access to Document

Other files and links

Fingerprint

Cite this