Due to the restructuring of qualified retirement plans, companies are forced to set up different retirement plans by March 31, 2012.

Because of insufficient funding resulting from years of mismanagement, many companies are shying away from the welfare pension plan that private industry shall be assuming.

Companies in Japan are now deciding whether to keep their existing retirement plans or to abandon them.

Under defined contribution retirement plans, employees can choose their own investment products, and they can roll over their current retirement plan to their new employer's plan.

We continue to offer advice and sponsor seminars regarding the introduction of defined contribution pension plans.