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Politics

Uproar over $185,000 shortfall puts Japan pension reform on hold

Financial watchdog retracts estimate after finance minister's rejection

The controversy over pension benefits has deepened public distrust of the system.   © Reuters

TOKYO -- A public uproar has forced the government to retract a controversial report claiming that retired couples reliant on public pensions also need sizable savings, but this backpedaling could further delay Japan's much needed reckoning with the overburdened program.

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