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The basic pension is 65,000 yen - 基礎年金はフル受給で6.5万円

Posted: Mon Nov 29, 2021 9:06 am
by EmaxisSlim Cultist
https://limo.media/articles/-/26204

There is nothing new here I suppose. If you are in are not a full-time employee you definitely need to consider contributing as much as you can to iDeco and Nisa.

The author seems to recommend not relying on pension in old age, which sounds like a decent approach.

Those low-income workers with part-time jobs working full-time hours are in a really tough position. There seems to be little help or support for them.

Re: The basic pension is 65,000 yen - 基礎年金はフル受給で6.5万円

Posted: Mon Nov 29, 2021 9:33 am
by RetireJapan
I guess they end up on 生活保護, which may or may not be available to foreign residents.

Best not to risk finding out :?

Re: The basic pension is 65,000 yen - 基礎年金はフル受給で6.5万円

Posted: Mon Nov 29, 2021 10:22 am
by zeroshiki
I was curious and looked it up
他方で、外国人の同僚の方については、日本人の場合と異なり、実務上は生存権が十分に保障されるには至っていないことから、生活保護を申請する権利が認められていません。たとえ申請しても、日本国民でないことを理由に却下される恐れがあります。
The answer is no. There's some allowances for permanent residents or special activities visas but strictly, the Japanese government isn't compelled to support foreigners by law.

Re: The basic pension is 65,000 yen - 基礎年金はフル受給で6.5万円

Posted: Mon Nov 29, 2021 10:28 am
by RetireJapan
zeroshiki wrote: Mon Nov 29, 2021 10:22 am I was curious and looked it up
他方で、外国人の同僚の方については、日本人の場合と異なり、実務上は生存権が十分に保障されるには至っていないことから、生活保護を申請する権利が認められていません。たとえ申請しても、日本国民でないことを理由に却下される恐れがあります。
The answer is no. There's some allowances for permanent residents or special activities visas but strictly, the Japanese government isn't compelled to support foreigners by law.
That's what I meant. Right now local governments can choose to provide welfare to non-Japanese, but don't have to.

Not a great foundation for retirement planning!