Ministry of Health, Labour and Welfare submitted three proposal about pension system. Now Japan is on the way of rising in pension eligibility age to 65years old, but considering Japan’s current financial condition it’s hard and slow. Then they proposed (1)every two years to rise pension eligibility age (2)to rise it till 68 years old (3)to execute both proposal.

As same as other countries, Japan is facing financial crisis, and the major cause of it is, I think, pension system. Japan is one of the most aged society, but still pension system is giving much preferential treatment to older people.  Therefore, this is natural consequence of the present situation. We should think this problem for the future generation.