Ministry of HL&W published the pension reform bills The pension reform laws were approved on June 13. Details will be shown as soon as we confirm them. Ministry of Health, Labor and Welfare published the pension reform bills on their website.
You need SWIFT (BIC) to receive Japanese pension refund SWIFT, also known as BIC (Bank Identifier Code), is the 11-digit code that is used worldwide as interbank transfers, especially for the purpose of transfers between different countries. In 2025 Japan Pension Service issued a new claim form for pension refunds (Lump-sum Withdrawal Payments), in that… Read More »
“The wall of 1.03 million yen” relates to a proposal to reduce income (and resident) tax As of December politicians on the national stage have proposed to break “the wall of 1.03 million yen” (103万円の壁). But what does it mean? Under the present Japanese income tax code, the borderline between non-taxed income and taxed income… Read More »
YouAT LLC gives you services for Japanese pension and tax refunds We YouAT LLC has more than 10 year’s history to support non-Japanese employees’ “Lump-sum Withdrawal Payments”, “Old Age Pension”, and income tax refunds.We have staff of Labor and Social Security Attorney, Administrative Scrivener, and Tax Accountant. Please feel free to contact us for Japanese… Read More »
Kokumin Nenkin vs Kosei Nenkin Japanese pension system consists of, mainly, the two categories: (1) Kokumin Nenkin (National Pension), whose contribution amount is a constant no matter how much to get incomes, and (2) Kosei Nenkin (Employees’ Pension Insurance), whose contribution amount increases according to incomes contributors earn(*). (*)There is another category in Japanese pension… Read More »
The amount of lump-sum pension refund is decided by how much you contributed in the past In recent years Japanese economy has faced an inflation of prices. For Japanese old age pensions there is a system of indexation (called “price slide (物価スライド)”), through that payments of old age pensions will be adjusted following price rises.… Read More »
The latest proposal for 2025 pension systems reforms In July 2024 the council for social securities in Ministry of Health Labor and Welfare (厚生労働省) published their research for the expectation of future Japanese pension funds. It will be the foundation of the Ministry’s proposal to Japanese Diet, that is scheduled to discuss and pass a… Read More »
You can designate oversea bank account of almost all countries to receive Japanese lump-sum pension refund To receive your lump-sum pension refund (Lump-sum Withdrawal Payments), you can designate any of your bank accounts in almost all countries: But you need to designate an account whose holder is, at least one of them, yourself. You cannot… Read More »
The amount of Kosei Nenkin’s lump-sum pension refund varies much compared with that of Kokumin Nenkin You can claim a lump-sum pension refund (Lump-sum Withdrawal Payments) if you clear the following conditions: You don’t have Japanese citizenship You contribute Japanese pensions for more than 6 months You are covered by Japanese pensions for less than… Read More »
2025’s pension systems reforms Every 5 years Japanese government reforms its pension systems in accordance with developments of its society and economy. The next reforms will come in year 2025. Ministry of Health, Labor and Welfare (厚生労働省) has already submitted its own 2025 reforms plan. It will be discussed at Japanese Diets (国会) throughout year… Read More »