Employee Benefits in Japan 2025
Summary
The report provides in-depth industry analysis, information, and insights of the employee benefits in Japan, including an overview of the state and compulsory benefits in Japan, detailed information about the private benefits in Japan, insights on various central institutions responsible for the administration of the different branches of social security and the regulatory framework of the employee benefits in Japan.
The Japanese social security system is designed to assure a minimum standard of living for its citizens, as well as protection from social and economic risks. It consists of the following components: a public pension system, health services, personal social services for the elderly and the disabled, a family policy to support working women, employment of senior workers, and public assistance. Japan follows a multi-tier pension system, which includes public and private pension schemes. The public pension and healthcare systems are comprehensive, covering all citizens of the country. The country’s healthcare system is characterized by a fee-for-service practice and the free choice of healthcare providers. However, personal social services and the family policy are relatively underdeveloped social security fields. In Japan, defined-contribution (DC) and defined-benefit (DB) plans were introduced in 2001. Voluntary private pension plans can take a variety of forms in Japan.
Key Highlights
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook