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Abe ready to tackle Japan's retirement age and pension crunch

Japan's prime minister vows to overhaul social security system in next 3 years

Japan's Shinzo Abe spoke about smoothing the way for foreigners entering Japanese workplaces and communities. He sat down with the Nikkei Asian Review at the prime minister's office in Tokyo on September 3. (Photo by Takaki Kashiwabara)

TOKYO -- Prime Minister Shinzo Abe on Monday called for overhauling Japan's social security system in a way that would allow people to work later into their lives and put off collecting their pensions.

Abe's solution would address the twin challenges of a falling population and a mounting fiscal debt.

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