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The Pension System In Japan: Some Common Issues With The Romanian One

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  • Mariana Popa

    (Comisia de Supraveghere a Sistemului de Pensii Private, Bucureşti)

Abstract

The aging of the population in Japan is a serious problem, and the reform of the public pension system is a major political issue. In this paper I made a presentation of the Japanese pension system and the reforms it has to pass from a system based on Defined Benefits to a system based on Defined Contribution where companies must change their DB type pension plans from the old types (TQPP's) to new ones (e.g.; DBCPPS) by the end of March, 2012. The concluding and remarks present some common subjects (aging population, allocation of pension plans' assets) and differences about the shift from DB to DC plans among Japanese corporate pension plans as compared with the shift from DB to DC plans in Romania.

Suggested Citation

  • Mariana Popa, 2009. "The Pension System In Japan: Some Common Issues With The Romanian One," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 12(12(541)(s), pages 443-453, December.
  • Handle: RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:443-453
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