Japan

Japan

Japan to reform defined contribution pension plan [Updated]

Update: The new legislation passed and will enter into effect starting 1 December 2024. 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 […]

Japan

Japan to increase child care leave

In June 2021, the Japanese government passed legislation increasing the use of child care leave to ensure a better work-life balance for working parents. The new legislation amending the Child and Family Care Act will enter into effect 1 April […]