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Showing posts with the label Retirement

Working Past 60: The Changing Face of Retirement in Japan

If you're a senior citizen in Japan, you might be surprised to find out that many of your peers in their sixties are still in the workforce. A survey conducted by Kakehashi Skysolutions found that 66% of the respondents, all past the retirement age of 60, were still employed. Among those who were still working, the most common employment status was that of a contract employee, regardless of their age. However, 78% of those still working belonged to the 60-64 age group, and 51% of this subgroup were working for their original company under a continued-employment arrangement.   It's important to note that continued employment does not necessarily mean rehiring as a regular employee. Many companies in Japan offer continued-employment arrangements that provide benefits and job security but may not offer the same benefits as regular employment.   The survey also revealed that income from their current job was the primary source of income for 65% of those under 65 who do n...