Pension amount guaranteed?

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JimNasium
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Pension amount guaranteed?

Post by JimNasium »

Sorry, stupid question here. When I decide to retire and take my pension (let’s say 65), is the amount I receive guaranteed until I pass away, or will it be adjusted over time? For example, if my pension at 65 is 100,000 yen will it also be 100,000 yen when I’m 85?
northSaver
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Re: Pension amount guaranteed?

Post by northSaver »

It will be adjusted for wage growth and/or inflation. Please see this page of RetireWiki.jp for details (section "Pension adjustments" near the bottom):
https://retirewiki.jp/wiki/Japanese_pension_system
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adamu
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Re: Pension amount guaranteed?

Post by adamu »

northSaver wrote: Thu Apr 07, 2022 6:10 am section "Pension adjustments" near the bottom)
You can get a direct section link by right-clicking on the section name in the table of contents 😎

https://retirewiki.jp/wiki/Japanese_pen ... djustments

P.S. Thanks for writing that section 🥰
northSaver
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Re: Pension amount guaranteed?

Post by northSaver »

adamu wrote: Thu Apr 07, 2022 6:45 am You can get a direct section link by right-clicking on the section name in the table of contents 😎
Thanks! That's worth knowing.
adamu wrote: Thu Apr 07, 2022 6:45 am P.S. Thanks for writing that section 🥰
You're welcome. Thanks for writing so much of the rest of it!
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adamu
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Re: Pension amount guaranteed?

Post by adamu »

northSaver wrote: Thu Apr 07, 2022 10:11 am
adamu wrote: Thu Apr 07, 2022 6:45 am P.S. Thanks for writing that section 🥰
You're welcome. Thanks for writing so much of the rest of it!
Almost none of that article is written by me. It's chiefly Moneymatters, Kuma, and CAM. That's the beauty of the wiki. ☺️
JimNasium
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Re: Pension amount guaranteed?

Post by JimNasium »

Another question asked already answered in the Wiki👍 Thanks for your help!
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