High-income earners request pensions to be suspended Kansai Economic Federation calls for “painful reforms.”

Japanese economy
0001@Old Man Friends Club ★ Security Guard [lv.12] [Sprout].Oct. 17, 2024 (Thu) 00:54:46.71ID:ElVjs6Or9
On the 16th, the Kansai Economic Federation published recommendations regarding the medium- to long-term structure of tax and finances. They called for the suspension or reduction of basic old-age pensions (national pensions) for elderly people who have a large amount of income other than pensions. At a press conference, Vice Chairman Hitoshi Tsunekage (special advisor to Sumitomo Mitsui Trust Bank) pointed out that “it will be difficult to maintain the current social security system, and some painful reforms are necessary.” Continued from Kyodo News on October 16, 2024 at 5:29 pm.

高所得者の年金停止要望、関経連 「痛み伴う改革を」
関西経済連合会は16日、中長期的な税財政の在り方に関する提言を公表した。年金以外の所得が多い高齢者に対し、老齢基礎年金(国民年金)を停止するか支給額を減らすべきだと訴えた。常陰均副会長(三井住友信託 ...
0005Anonymous Donburako.Oct. 17, 2024 (Thu) 00:58:15.52ID:tMkbkavG0(1/3)
>>1
What Japan needs is to put people who can work but won’t work to work. What is needed to achieve this is to cut welfare payments, raise the pension eligibility age, and reduce pension payments for those under 80 (who are still able to work). Even if we place restrictions on end-of-life care as the Democratic Party for the People says, it will only encourage anxiety about the future and encourage the working generation to save more.
0056Anonymous Donburako.Oct. 17, 2024 (Thu) 01:13:24.08ID:PHIvxWoI0
>>1
You’re still responsible for half of the social insurance premiums and all of the labor insurance (funds for unemployment insurance and industrial accidents) lol
I don’t think it’s too bad to quit. In return, move your headquarters back to Osaka and pay your property taxes.
0060Anonymous Donburako.Oct. 17, 2024 (Thu) 01:14:20.20ID:DLJsI7Lu0(1/2)
>>1
That’s a rare truth lol.
0004Anonymous Donburako.Oct. 17, 2024 (Thu) 00:57:59.29ID:QkT0Vdfq0
Tax revenues are at an all-time high?
0006Anonymous Donburako.Oct. 17, 2024 (Thu) 00:58:41.78ID:ZtoDQh/10
Well then let’s double the corporate tax. Ouch, ouch.
0007Anonymous Donburako.Oct. 17, 2024 (Thu) 00:58:50.50ID:TUoS0c4k0
What’s the point of paying pension? (lol)
0009Anonymous Donburako.Oct. 17, 2024 (Thu) 00:58:53.32ID:HtUggr0M0
A complete denial of the pension system lol.
0010Security guard [lv.17].Oct. 17, 2024 (Thu) 00:58:54.15ID:2Nvldc7D0
If that were to happen, high-income earners would stop paying into pensions.
0016Anonymous Donburako.Oct. 17, 2024 (Thu) 01:00:45.45ID:j80Sq2AY0(1/2)
Let’s raise corporate tax lol.
0017Anonymous Donburako.Oct. 17, 2024 (Thu) 01:00:58.94ID:axdSK36x0(2/2)
They know that the pension system will collapse, so they are saying, “Each person should earn their own retirement funds through the new NISA, and it’s their own responsibility.”
0018Anonymous Donburako.Oct. 17, 2024 (Thu) 01:01:02.56ID:/ut7+LXW0(2/23)
Being a high-income earner means you’re receiving a pension and still paying income tax, right?
Come on, lol.
0019Anonymous Donburako.Oct. 17, 2024 (Thu) 01:01:18.81ID:7inmKvLG0
Use the My Number system to identify all financial income, strengthen taxation on financial income, and eliminate the “100 million yen barrier.”
0022Anonymous Donburako.Oct. 17, 2024 (Thu) 01:03:54.72ID:/ut7+LXW0(3/23)
>>19
The future theme is the penetration and deepening of the My Number system.
It will directly lead to the reduction of civil servants and budget cuts due to underground money, tax evasion, and streamlining.
The digitalization of government administration, security, and cooperation with the private sector are urgently needed.
0021Anonymous Donburako.Oct. 17, 2024 (Thu) 01:02:45.79ID:mOMtpdgL0
They’ve been working and paying their bills all this time, so they have the means. If they’re going to talk about painful reforms, criticize the generous treatment they give to lawmakers. Are these people stupid?
0023Anonymous Donburako.Oct. 17, 2024 (Thu) 01:04:09.60ID:3Ad3krnD0
It will end with the payment being refused.
0024Anonymous Donburako.Oct. 17, 2024 (Thu) 01:04:37.58ID:MKdf6Zwa0
No, it’s insurance.
0025Anonymous Donburako.Oct. 17, 2024 (Thu) 01:04:56.21ID:hOGuC+Bz0(1/4)
Pensions are meant to secure a living in retirement, so if you have a lot of income in retirement, there’s no need to receive a pension.
0030Anonymous Donburako.Oct. 17, 2024 (Thu) 01:06:46.79ID:/ut7+LXW0(4/23)
>>25
Is that fair?
Everyone paid for it, so how can it be fair?
0026Anonymous Donburako.Oct. 17, 2024 (Thu) 01:05:24.49ID:KjtyqCZt0(1/8)
In addition, there are elderly people with a lot of financial assets.
0027Anonymous Donburako.Oct. 17, 2024 (Thu) 01:05:30.25ID:lmAOBwsM0(1/2)
It looks like another painful reform (for the people).
0114Anonymous Donburako.Oct. 17, 2024 (Thu) 01:26:58.59ID:f5bmH2gh0
>>27
Upper class citizen: “It doesn’t hurt me (lol).”
0028Anonymous Donburako.Oct. 17, 2024 (Thu) 01:05:41.29ID:9PXlowBx0
Isn’t this an unreasonable argument?
It would be understandable if they were to return what they’ve already paid,
but it’s legally difficult to make them pay and then not pay anything.
0048Anonymous Donburako.Oct. 17, 2024 (Thu) 01:11:41.92ID:hOGuC+Bz0(2/4)
>>30
You pay pension insurance premiums, right?
Do you know what insurance means?
Originally, insurance is meant to prepare for situations like if you get into a traffic accident or get hospitalized due to illness.
Pension insurance is also meant to prepare for when you get old and can’t work and have no income.
If you have a job and have an income and can live, you don’t need to get a pension.
If you quit your job and have no income, you can get a pension.
0031Anonymous Donburako.Oct. 17, 2024 (Thu) 01:07:05.96ID:Kw3w0eNM0(1/2)
I know some old people who spend every month lavishly with the money they’ve earned working while receiving a pension, but I wonder why the younger generation pays into pensions.
0036Anonymous Donburako.Oct. 17, 2024 (Thu) 01:08:05.93ID:/ut7+LXW0(5/23)
>>31
The younger generation is working so they can have fun when they’re old, right?
0032Anonymous Donburako.Oct. 17, 2024 (Thu) 01:07:14.34ID:e3HLfmnX0
The rich should pay 100% of their medical expenses.
0041Anonymous Donburako.Oct. 17, 2024 (Thu) 01:10:09.57ID:/ut7+LXW0(6/23)
>>32
The rich go to the rich’s medical facilities even if they don’t say anything. They also get treatments that are not covered by insurance. That economic analyst is the same, right?
0033Security guard [lv.14].Oct. 17, 2024 (Thu) 01:07:36.72ID:xntm1TzR0
Of course, those who wish to do so can refuse to receive the pension, so to say they won’t pay without question is just crazy.
0037Anonymous Donburako.Oct. 17, 2024 (Thu) 01:08:40.30ID:ikQw6UCq0(2/11)
>>33 Incidentally, even now, if you have a high income your pension is reduced.
0034Anonymous Donburako.Oct. 17, 2024 (Thu) 01:07:38.70ID:ikQw6UCq0(1/11)
The poor get welfare, and the high-income earners have their pensions suspended. What is the pension system?
0039Anonymous Donburako.Oct. 17, 2024 (Thu) 01:09:39.30ID:vpYGGIdF0
Given that they are elderly people who have a lot of income other than pensions, it may be a sincere proposal from their perspective.
0040Anonymous Donburako.Oct. 17, 2024 (Thu) 01:10:00.51ID:KjtyqCZt0(2/8)
I imagine that even if you work hard, your income outside of your pension will be less than 1 million yen, but there are seniors out there who easily receive over 5 million yen, so it would be ok to stop their pensions.
0042Anonymous Donburako.Oct. 17, 2024 (Thu) 01:10:10.18ID:TuchyCOk0
What’s the definition of rich?
I guess if you have dividend income from stocks you’re considered rich lol.
0043Anonymous Donburako.Oct. 17, 2024 (Thu) 01:10:23.34ID:ntm+f0Ia0
I wonder if it will be used for military expenses and vaccine costs.
0045Anonymous Donburako.Oct. 17, 2024 (Thu) 01:11:21.07ID:3/H1bZ560
Rather than that, I want basic income as soon as possible.
0046Anonymous Donburako.Oct. 17, 2024 (Thu) 01:11:25.83ID:/ut7+LXW0(7/23)
First of all, shouldn’t we unify pensions? We’ll soon be living in a glacial period where we’ll only have the national pension.
0055Anonymous Donburako.Oct. 17, 2024 (Thu) 01:13:03.02ID:77o06cuW0(1/4)
How do you know what a high income is?
0057Anonymous Donburako.Oct. 17, 2024 (Thu) 01:13:52.02ID:5aQsDo5H0
For now, I’ll transfer the deposits I have with Sumitomo Mitsui to another account.
0069Anonymous Donburako.Oct. 17, 2024 (Thu) 01:16:54.53ID:x5S8Y5nw0
Let’s start with the members of parliament lol.
0071Anonymous Donburako.Oct. 17, 2024 (Thu) 01:17:02.47ID:ikQw6UCq0(4/11)
Then try suspending your company pension too.
Reference: https://asahi.5ch.net/test/read.cgi/newsplus/1729094086/, World Data and graph

Other languages: 高所得者の年金停止要望、関経連「痛み伴う改革を」, Solicitud de suspensión de las pensiones para las personas con ingresos altos, Kankeiren pide reformas dolorosas.

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