Editorial

15:11 JST, May 28, 2025

It is praiseworthy that the ruling and opposition parties have reached a consensus regarding reform of the public pension system. However, they intend to decide whether to put the reforms into action in five years.

Can the stability of the system be maintained with such a leisurely approach? The ruling and opposition parties must not shy away from discussions on increasing the burden on the public, including a review of the tax system.

The leaders of the Liberal Democratic Party, Komeito and the Constitutional Democratic Party of Japan met and agreed to revise bills related to pension reform. The bills are expected to be passed in the current Diet session.

There are two revisions, both of which will be clearly stated in the supplementary provisions of the bills.

The first revision states that “legislative measures will be taken” if a financial verification of pension, to be conducted in 2029,........

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