Japanese Irate Over Pension Plan Flaws

Summary


TOKYO - After reading a book this year about serious flaws in Japan's pension system, retired deliveryman Yoshikazu Hirano thought he'd check his own records just to be safe.

He's glad he did: The 74-year-old discovered the government had shortchanged him by 460,000 yen ($3,770) in benefits he accrued while driving a truck for three years in the 1950s and '60s.

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Extract


Japanese Irate Over Pension Plan Flaws

Hirano wasn't alone. Shortly afterward, the government confessed to losing track of pension records linked to an astounding 64 million claims - igniting a scandal that has punished the ruling party at the polls a...

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