Category Archives: Japanese Pension System

Can family members claim their deceased person’s pension refund?

Only persons who are alive can claim their pension refund Japanese pension refunds (lump-sum withdrawal payments) can be claimed by contributors themselves only. If a contributor passes away after he/she leaves Japan, then his /her family members have no qualification to claim the deceased contributor’s pension refund. But if a deceased person has a qualification… Read More »

Can you receive your pension refund by a favorable currency?

Each country has a designated currency for international transfer, that cannot be changed Japanese pension refunds (Lump-sum Withdrawal Payments) are transferred internationally via Mitsubishi UFJ bank on behalf of the government. Each country has a designated currency for transfers from Japan, that cannot be changed. The relationship between country and transferring currency is shown on… Read More »

How to claim lump-sum pension refunds for “Kyosai”?

No difference between normal pensions and Kyosai for conditions to receive lump-sum withdrawal payments Japanese pension has different systems for pensions of public servants and staff in schools. They are called “Kyosai (共済)” in total, that means “mutual aid”: System’s name English translation Who are registered The office responsible for 国家公務員共済組合 Federation of National Public… Read More »

What is “Standard Remuneration”?

How the amount of Kosei Nenkin is decided Japan 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. For details of the two systems please see… Read More »

Is Japan’s Pension Handbook necessary to hold?

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 »