A nationwide survey conducted by the Nippon Foundation found that 18% of 74.5-year-olds believe that the public pension system will not be sustainable when they become elderly.Although 60.5% of respondents called for reform of the public pension system, 66.6% felt that young people's voices were not reflected in debates in the Diet.
The survey was conducted online in October targeting 17 men and women aged 19 to 1,000 nationwide.According to the survey, only 10% of respondents said they were "not worried" about their financial situation when they reached the age of 65, while 10.4% said they were "worried."The most common reason for anxiety was the future of the public pension system.
Only 8.6% believe that the public pension system is continuing without problems. 74.5% answered that it would be difficult to maintain or that they would be unable to maintain it and would go bankrupt. 67.3% of respondents predicted that the pension amount they would receive would be less than the amount paid, indicating strong concerns about the public pension system.
The most common source of funds that people would like to rely on when they become elderly was their own savings at 34.2%, exceeding public pensions at 28.5%.56.0% of respondents predict that their medical expenses will continue to increase in the future.
Regarding the generational disparity in pension insurance premiums, 34.9% answered that it was "unacceptable."This shows that there is strong dissatisfaction among young people about the burden placed on the working generation to support the ever-increasing number of elderly people.As for whether young people's political participation would have an impact on the social security system, 49.9% answered ``not likely,'' indicating a sense of powerlessness.
