51. From this view, whether one considers bankruptcies, unemployment or funding for the national pension system, Japan is approaching a postwar low point. 52. Further, Social Security is not a pension system, but an insurance program that covers surviving children and spouses and long-term disability. 53. Growing uncertainty over the ailing pension system is also impelling many people to save for hard times in old age. 54. Guy Moszkowski, an analyst at Salomon Smith Barney, said the European pension system had driven many of these deals. 55. He headed the Social Security advisory panel that recently recommended changes in the way the pension system invests its money. 56. He said a key challenge for the fund is to win over the one million affiliates of the public pension system. 57. Health care and pension systems are already being stressed by the burgeoning numbers of older citizens. 58. Higher levels of legal immigration would certainly help, easing labor shortages and increasing the number of taxpayers propping up pension systems. 59. How do Cabinet secretaries fit into the pension system? 60. If the government fiddles with pensions, however, just to suit the medical care system, the pension system will suffer. |