News eDaily26 Sep 2017

Japan:Govt forms committee to ready for era of 100-year lifespans

26 Sep 2017

The Japanese government has launched a council on the vision for an era when lifespans would average at least 100 years.

The panel is tasked with discussing specific measures to bring about “a revolution in human resources development” in such an era, reported The Yomiuri Shimbun.

The panel is chaired by Prime Minister Shinzo Abe. Experts who sit on the council include Professor Lynda Gratton of the London Business School, who has advocated thinking about one’s lifestyle from the standpoint of a possible 100-year lifespan.

The immediate focus of the committee is the concept of making infant education and childcare services free of charge. The key task in this respect is how to raise the financial resources necessary for that plan, which would require JPY1.17 trillion (US$10.6 billion) annually.

The idea of introducing a “child insurance scheme” is being floated under which an extra amount would be added to the sum of public pension premiums collected from subscribers.


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