The Japanese Ministry of Health and Welfare recently published a proposal aimed at reforming defined contribution (DC) plans by raising DC contribution sub-limits and relaxing individual DC plan (IdeCo) participation requirements for employees contributing to DC employer-sponsored pension plans. The […]
Update: Japan’s Ministry of Health, Labour and Welfare has set different compliance deadlines ranging from 1 April 2019, to 1 April 2023, for various requirements of the amended Labor Standards Act. While most provisions have already been implemented for large […]
Update: The Ministry of Health, Labour and Welfare has set different compliance deadlines for various requirements of the amended Labor Standards Act. The Japanese government recently issued an outline for legislation to limit overtime hours, which it intends to enact […]