Japan 日本 | Melbourne Mercer Global Pension Index : Melbourne Mercer Global Pension Index


Japan 日本


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日本 – メルボルン・マーサーグローバル年金指数 

Japan’s retirement income system comprises a flat-rate basic pension; an earnings-related pension; and voluntary supplementary pension plans.

The overall index value for the Japanese system could be increased by:

  • raising the level of household saving
  • increasing the level of pension coverage and hence the level of contributions and assets
  • introducing a requirement that part of the retirement benefit must be taken as an income stream
  • announcing a further increase in the state pension age as life expectancy continues to increase
  • reducing government debt as a percentage of GDP.

RRF19921_MMGPI Report_0616_Chart_WEB_1000x950_16_JAPAN

Progressive Results:

Year

Overall

Adequacy

Sustainability

Integrity

2016 43.2 48.5 24.4 60.9
The Japanese index value fell slightly from 44.1 in 2015 to 43.2 in 2016due to a number of small changes.
2015 44.1 48.8 26.5 61.2
The Japanese index value fell slightly from 44.4 in 2014 to 44.1 in 2015 due to a number of small changes.
2014  44.4  48.0  28.5  60.9
The Japanese index value remained constant at 44.4 from 2013 to 2014.
2013

44.4

47.9

28.9

60.5

The Japanese index value remained constant at 44.4 from 2012 to 2013.
2012

44.4

46.1

28.9

63.3

The Japanese index value increased slightly from 43.9 in 2011 to 44.4 in 2012 primarily due to an  increase in the adequacy sub-index arising from the introduction of tax relief for employee contributions and the change in scoring for the level of investment in growth assets.
2011

43.9

44.1

28.4

65.2

The Japanese index value rose slightly from 42.9 in 2010 to 43.9 in 2011 due to small increases in  both the adequacy and sustainability sub-indices.
2010

42.9

42.2

27.9

65.2


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