Annuity keyword anxious “substitutional part 2″ will happen “substitutional”? Division of company

System his company stock prices go down thanks for substitutional?

About the basic mechanics of substitutional has been checked in the Division of employee. Also seen the pension cuts likely together with substitutional often is, it can.

But what companies must have a substitutional why. Said stock prices down and to the substitutional fairly in the news. Many listed companies. leading manufacturer mainly to companies willing to substitutional If is have gone their own efforts so lower their company’s stock price.

Is if you do that so offend shareholders, angry substitutional signs are no shareholders. Rather, the brunt of the anger has turned in the Hall. What is for what reason?

Substitutional truth understood the convenience of the company doing the substitutional gradually you will see. First, let’s look at why stock prices go down the substitutional.

Share prices fall in the substitutional?? why

As described in the Division of employee, acting return of itself is the sequence to return the part of the country had been saved in the Pension Fund had conducted the company pension country can. Itself is not a story to affect stock prices this is. Also, is where employee pension is cut well, actually not giving negative impact on the stock is ( rather see shareholders may plus ) .

Problem is when to return to the country. Employees past hajikidashi the amount was operational, set aside money of the period had worked for decades in corporate pension it is, cancel this minute, all employees, should not be having to refund to the country. Actually, is the total of this amount will be of billions even large companies, including! In such medium-sized enterprises dozens-number 10 billion yen is will be shitty. 500 Things given the Fund do this all together is a huge amount.

This money is a principle to be returned in cash. But not of billions of cash in the company pension and assets of most in the form of stocks and bonds. Than acting return of companies nationwide be auctioning this dash buy sell to mass occurrence can and stock taking the big plunge but ( thousand yen it down much! ) . The country decided good return stock and bond as about a portion also can (called this return in kind even). Is because stock prices slowing continuing in this peace of mind. However, return of this spot, somehow, to return the shares of stock in non-shares listed on the Tokyo Stock Exchange set ( makes the 1500′s! ) in now must be in a package. Certainly, combines lots of shares of corporate pension fund. However, combine shares of stock stable large companies focusing on many, actually have 1500 shares it is not.

Companies also worried after the stock came to the cash than to make a complete set selection. After all, from the national pension fund ( shares of large companies especially Center ) selling came to increase. So many people sell people buy more stock will be steadily down. Drops uneasy as investors saw it in General, and the sell the stock (which is in a sense, buying opportunity).

With the recent return of agency selling stock drops are roughly as happening in this process is.

Is still and I want to substitutional company?? why?

Though their company’s stock price down in to the substitutional will company claimed the substitutional speculation is what? There the real intention of the company called “is still taking some of the country’s pension liability in the company, operated by kitsy” there.

And it is leaving it also pays the pension premium country intact and pay pensions in country, “making the Pension Fund in the company set aside part of the pension, pay the pension” for a company ease of is. Is set aside, only pay the pensions if no hassle that is “until the amount needed to drive, pay the pension increase” more serious now. Is rather academic programs and the operation would be a minus 10%.

20 Years keep pension funds spread leprosy is rather, “operation, set aside part of the pension in the country increased more than the required amount, survive! “It was about. Was using the funds to or base-up over about corporate pension original portion of employees. That’s why the Pension Fund is pleased to the company, spread.

But now is different. “To prepare the pension corresponds to some of the country’s pension cost national welfare higher than the equivalent of some pension attaches” is the State. This is because from being able to also operate enough in the required amount, the company forced to holes at additional expense. That is the burden of extra pension fund it should not occur and it ends. About the some of the country’s pension system lack Reserve Fund of the company!

Is unavoidable, means without operational success for the company doing the original pension have been added burden forced too. Talked about this part of the labor and management have lowered the amount a little is available. But I couldn’t do that for the part corresponding to the country’s pension. The company should not have to pay is to ensure a system of the country and the same amount of employees is top priority missing minutes.

Recognizes the lack in the company pension fund has undertaken about the equivalent to some of the country’s pension shortfall, company reserves. Will cause so to open to settlement on hamper creditworthiness, above all undermine the company’s profits.

Therefore, the company “and return some of the country’s pension, take the simple part of the corporate pension company! “That thing is it became. I think the idea itself is reasonable as a company. Toting the extra financial burden now to get through the tough times are tough is.

…… Have seen the company and 2 times the impact on employees “substitutional” speculation, stock prices influence. I and identify properly I want acting return of itself for the side of the employees, as well as how the pension company itself to changes after that.

And pension fund that is end role in the sense that while you’re age changed greatly, or even I think it might be a. And now, corporate pension system itself is changing substitutional larger wake has also feel. Corporate type 401 k is one of the keywords. Even though the cash balance plan also considered likely as the saucer stuff.

Because we offer topics in the future design big impact on future of company employee pension and retirement information, please look forward to!

I will review the “gives the employees in the Division of employee substitutional” effect!