News - Japan: Premium payment rate for national pension dips to 62.1%
Source: Asia Insurance Review | Sep 2009
The rate of premiums paid by Japanese people under the national pension scheme fell to a record low of 62.1% in the fiscal year ended 31 March 2009 amid the global financial crisis, according to the Social Insurance Agency report. This was the third straight year of decline, with the rate falling short of the government’s target of 80%, said the report.
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