Public pension systems log surpluses in FY16
the-japan-news.com -- Aug 12
Japan posted surpluses in its public pension accounts in fiscal 2016, which ended in March, thanks to large investment returns, the Health, Labor and Welfare Ministry said Thursday.

Japan logged a surplus of ¥10,503.1 billion in market value in the special account for the "kosei nenkin" pension program for corporate employees, the first surplus in two years. The country marked a surplus of ¥244 billion in the special account for the "kokumin nenkin" program chiefly for the self-employed, also the first black ink in two years.

News source: the-japan-news.com
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