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One result of that incident and the others described in the Wikipedia article is that insurance companies in Japan have become more diligent about checking that

One result of that incident and the others described in the Wikipedia article is that insurance companies in Japan have become more diligent about checking that pension recipients are still alive. I am sixty-six and have lived in Japan for forty years, and I now receive regular annuity payments on some insurance policies I bought twenty or thirty years ago. Ever since around 2011, once or twice a year the insurance companies mail me postcards that I have to sign and return in order to prove that I am still alive so that I can keep receiving the payments. For the past few years, I have also been receiving a similar annuity from an American insurance company based on a job I had in the U.S. in the early 1980s. That company doesn’t seem to have any procedures in place to confirm that I am still alive. If I drop dead tomorrow, that U.S. annuity might continue to be paid to my bank account for many years.

ginko 3y ago
>Ever since around 2011, once or twice a year the insurance companies mail me postcards that I have to sign and return in order to prove that I am still alive so that I can keep receiving the payments. Isn't a signature just a stamp in Japan? How would that verify that you are still alive?
- tkgally 3y ago
  Stamps are still widely used, but these particular postcards ask for a handwritten signature. I suspect that the choice was made to require signatures rather than stamps not because forged signatures are easier to catch but because family members would be more hesitant to forge a signature than to use a dead person’s stamp. Using someone else’s stamp is not unusual and can be innocuous: often office workers, for example, will stamp documents on behalf of their bosses using their bosses’ personal stamps. Forging a handwritten signature is more likely to feel like a crime to many Japanese. I forgot to mention that one of the Japanese insurance companies also requires short face-to-face interviews every few years. I have done it once so far. They wanted to do it in person, but it was during a COVID spike and they let me do it by videoconferencing instead.
araes 3y ago
Yup, "police did not know if 234,354 people over the age of 100 were still alive" (with implications probably still filing pension paperwork and benefits). "officials said that many may have died during World War II. One register claimed a man was still alive at age 186."
rootsudo 3y ago
Yes they do - the social security death index. It will not be paid for years - once your ssn shows up on the list for the USA pension. Payments are stopped. It is very accurate so at most perhaps a month or two of payments would occur. If there is overpay they will send the bill to your estate.

ginko 3y ago

>Ever since around 2011, once or twice a year the insurance companies mail me postcards that I have to sign and return in order to prove that I am still alive so that I can keep receiving the payments. Isn't a signature just a stamp in Japan? How would that verify that you are still alive?

tkgally 3y ago
Stamps are still widely used, but these particular postcards ask for a handwritten signature. I suspect that the choice was made to require signatures rather than stamps not because forged signatures are easier to catch but because family members would be more hesitant to forge a signature than to use a dead person’s stamp. Using someone else’s stamp is not unusual and can be innocuous: often office workers, for example, will stamp documents on behalf of their bosses using their bosses’ personal stamps. Forging a handwritten signature is more likely to feel like a crime to many Japanese. I forgot to mention that one of the Japanese insurance companies also requires short face-to-face interviews every few years. I have done it once so far. They wanted to do it in person, but it was during a COVID spike and they let me do it by videoconferencing instead.

araes 3y ago

Yup, "police did not know if 234,354 people over the age of 100 were still alive" (with implications probably still filing pension paperwork and benefits). "officials said that many may have died during World War II. One register claimed a man was still alive at age 186."

rootsudo 3y ago

Yes they do - the social security death index. It will not be paid for years - once your ssn shows up on the list for the USA pension. Payments are stopped. It is very accurate so at most perhaps a month or two of payments would occur. If there is overpay they will send the bill to your estate.