Noda says Japan still deliberating 50% pension contribution

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JAPAN - Japanese finance minister Yoshihiko Noda said the government hasn't decided to maintain its 50% pension obligation next year after media reports said it has secured funds to meet the payouts.

"It's difficult" to secure the JPY2.5trn ($30bn) needed to uphold the government's contribution, Noda told reporters in Tokyo today. The payout was increased from a third in fiscal 2009 under the p...

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