HOME > NATION > Article

Text Size

small

medium

large


Welfare Ministry Provided Basis for Controversial FSA Report: Suga

Welfare Ministry Provided Basis for Controversial FSA Report: Suga

   Tokyo, June 13 (Jiji Press)--Japan's welfare ministry has provided the basis for the controversial Financial Services Agency report suggesting that an elderly couple living on pensions needs to amass 20 million yen in life savings, Chief Cabinet Secretary Yoshihide Suga indicated Thursday.
   "It's true that the ministry, citing a family spending survey, gave an explanation during the course of discussions by a working group under the FSA's Financial System Council that an elderly household on average had posted a deficit of 55,000 yen per month," Suga told a press conference.
   Meanwhile, Suga pointed out that the passage in the report stating that an additional 20 million yen will be needed per elderly couple during 30 years after retirement is "the working group's own opinion."
   The comment indicated afresh the government's stance that the report in question has not been approved at a plenary meeting of the FSA council and that the government therefore will not accept it as an official report.
   "The government has been working to create a pension system that can be sustained into future years, and it's a pillar for the planning of post-retirement lives," Suga said.

To read a full story, please click here to find out how to subscribe.

NATION

Aomori Tourism Information

HEADLINES

POLITICS
Japan Govt Puzzled by Further Complicated Situations after Abe's Iran Visit
ECONOMY
Hino Develops AI System to Detect Abnormal Changes in Bus Drivers' Conditions
SPORTS
Table Tennis Women: Nagasaki Beats Ex-World No. 1 Zhu at Japan Open
OTHER
Izumo, Other MSDF Destroyer Arrive at Cam Ranh Bay in Southern Vietnam

Aomori Tourism Information

GOSHOGAWARA
Introduction of Tachineputa, Town of Kanagi and West Tsugaru Peninsula
・ GOSHOGAWARA 1
・ GOSHOGAWARA 2
・ GOSHOGAWARA 3
JOMON
An early culture with pottery
・ JOMON 1
・ JOMON 2
・ JOMON 3
・ JOMON 4

AFP-JIJI PRESS NEWS JOURNAL


Photos