An investigation has revealed that investment firm, AIJ Investment Advisors Company, has lost most, or all, the money in retirement plans that affect more than 880,000 people!

More than half those plans are for people who’re still working.  The loss could actually force the companies they work for out of business!

Japan’s Labor Ministry says the Tokyo based investment firm lost the money belonging to 84 corporate retirement plans!  The majority of those plans  actually belong to medium and small businesses.

AIJ has been ordered to pay back those companies.  However, the Labor Ministry says if it can not, then under Japanese law those companies would have to come up with the retirement money on their own, and that could shut down some of the medium and small sized companies.