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Coronavirus

Asia's pension systems forced to cut back under COVID pressures

Study highlights concerns over retirement outlook as contributions fall

A man and his grandchild in Tokyo: Japan received a "D" grade for pension adequacy in a recent report, putting it in a low tier alongside China, India, the Philippines and Thailand.   © Reuters

SINGAPORE -- The coronavirus pandemic is weighing on Asia's pension systems, raising concerns about whether some will be up to the task of allowing future retirees to live comfortably.

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