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Nenkin (public pension scheme)
1: What is Nenkin? - Introduction
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Public
pension scheme is to secure the income for our life after retirement.
If you pay certain amount for a fixed period time, you can receive
Nenkin till you die.
The major one in Japan is the national pension scheme. All over
age 20 should enroll. When you become 20 years old, you will
receive a fundamental Nenkin number. This identical number will
not change by getting employed or changing the job.
There are some problems with this pension scheme. |
Inequality between generations |
0Because of declining birth rates, present young people
pay higher amount than elderly people |
Inequality among generations |
0Some company cover the half of the amount for its employees
but others don't.
0Housewives who's husbands are company employee do not
have to pay. The difference in premiums between those
housewives and married women who pay by herself. |
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Upon those inequalities, lots of young people choose not to
pay the premium. But before you make your mind, read information
below and let's learn more about the scheme. |
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