Chief Cabinet Secretary Osamu Fujimura said Thursday the government would begin discussing a cut to pension benefits from their current levels by 2.5 percent from fiscal 2012.
The Government Revitalization Unit tasked with screening administrative spending proposed on Wednesday the cut to the pension benefits, which have been exempted from reflecting declining consumer prices for three years from fiscal 2000.
"The government will start a concrete discussion on the issue, including the compilation of the fiscal 2012 budget, toward realizing it [the proposal]. It carries serious significance for the Cabinet," Fujimura told reporters Thursday morning. (Yomiuri)
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