Organizations in charge of managing public pension reserve funds need to be independent (e.g., free of political interference) and to comply with stringent accountability requirements. One of the key issues when they disclose information to the general public is how to use the media as...

It is nearly seven years since defined contribution pension plans were introduced in Japan. During this time, roughly 10,000 companies have set up such plans, and the number of participants is now more than 2.7 million. Despite their adoption, however, a number of issues remain unresolved. In...

More than four years have passed since defined contribution pension plans were first introduced in Japan, and the number of people enrolled in such plans had grown to just under 2 million by April 2006. This paper attempts a fairly simple estimation of what Japan's defined contribution pension...