Search found 3 matches

by FukuokaJen
Tue Apr 12, 2022 1:49 am
Forum: Pension
Topic: Retirement Allowances (taishokukin 退職金)
Replies: 64
Views: 14293

Re: Retirement Allowances (taishokukin 退職金)

1) See the Tables above. After Special Deduction of 400,000 per year (<20 year) and 700,000 per year (>20 years) Basically, first 1,949,000 5% 0.105% 10% = 15.105% Next 1,349,000 10% 0.21% 10% = 20.21% and so on... I really appreciate your putting this all in one place! But still, you have to admit...
by FukuokaJen
Tue Apr 12, 2022 1:46 am
Forum: Pension
Topic: Retirement Allowances (taishokukin 退職金)
Replies: 64
Views: 14293

Re: Retirement Allowances (taishokukin 退職金)

The Retirement Allowance Foundation for Private Universities and Colleges of Japan (私立大学退職金財団) conducted a detailed survey of retirement age and retirement allowances at Japanese private universities in 2018 (download it from https://www.shidai-tai.or.jp/files/user/pdf/research/research-report30.pd...
by FukuokaJen
Tue Apr 12, 2022 1:41 am
Forum: Pension
Topic: Retirement Allowances (taishokukin 退職金)
Replies: 64
Views: 14293

Re: Retirement Allowances (taishokukin 退職金)

3) Average for the 40-year salaryman at a big company used to be almost 30M yen. I read somewhere that it is down to less than 20M (17M maybe), for those who put in their 40 years. Of course, many large Japanese companies have switched to DC plans from taishokukin anyway. Sorry! I left out a zero. I...