Category Archives: Japanese Pension System

Is Japan’s Pension Handbook necessary?

Basic Pension Number and Pension Handbook Basic Pension Number (基礎年金番号 [Kiso Nenkin Bango] in Japanese) is the ID number allocated to each of members in Japanese pensions – Nationa Pension (Kokumin Nenkin) and Employees’ pension insurance (Kokumin Nenkin). Data of all members are being electrically recorded with this number. Pension Handbook (年金手帳 [Nenkin Techo] in… Read More »

Need to pay Japanese pension after age 60? Is it OK to claim lump-sum pension refund after age 60?

Kosei Nenkin has maximum contribution age at 70 There are two kinds of Japanese pensions in its system – “Kokumin Nenkin” (国民年金, National Pension) and “Kosei Nenkin” (厚生年金, Employees’ Pension Insurance). Who contributes How to contribute Maximum age to contribute Kokumin Nenkin All the residents other than employees Residents pay by themselves Age 60 Kosei… Read More »

Japanese health insurances have no lump-sum refund?

Japanese health insurance system and ‘Gensen Choshu’ All Japanese residents need to get registered in one of public health insurances, along with public pensions. Japanese health insurance system is divided in, like public pension system, two parts -one for employees only and another for all the other residents. Employee Health Insurance (健康保険[Kenko Hoken]) : for… Read More »

Can ‘Eijusha'(Permanent Resident) claim Lump-sum Withdrawal Payments?

They can but they have an additional condition “Eijusha (永住者)” is the word meaning a permanent resident. Non-Japanese persons whom Japanese government grants a Permanent Residency in Japan are “Eijusha”. If an Eijusha leaves Japan permanently or for some years, can they claim pension’s Lump-sum Withdrwal Payments (脱退一時金)? The answer is yes, but there is… Read More »

What is the difference between ‘Kokumin Nenkin’ and ‘Kosei Nenkin’?

Kokumin Nenkin and Kosei Nenkin Japan has a unique public pension system in the world. It provides residents with two kinds of pensions – “Kokumin Nenkin” (国民年金, National Pension) and “Kosei Nenkin” (厚生年金, Employees’ Pension Insurance). Employees hired by employers are registered in Kosei Nenkin. All the other residents are registered in Kokumin Nenkin. These… Read More »

What percent of salary do Japanese employees pay as a pension contribution?

The percentage of pension contribution in salary Japanese pensions and health insurances have their financial resources in two ways: one from national budget of Japanese government and another from contributions of residents in Japan. Japanese employees pay contributions of pension and health insurances from their salaries in every month, that are withheld from their salaries… Read More »

Lump-sum Withdrawal Payments or Old Age Pension – Which is better?

Lump-sum Withdrawal Payments or Old Age Pension – under what conditions can you choose it? Non-Japanese employees can choose to receive “Lump-sum Withdrawal Payments (脱退一時金, Lump-sum pension refunds)” or “Old Age Pension(老齢年金)” if they fill all the following 3 conditions: Paying Japanese pensions (Kosei Nenkin /Kokumin Nenkin) for 6 months or more Paying Japanese pensions… Read More »