Persons residing in Japan – Tax withheld (Gensen Choshu) and need submitting tax returns for over 4 million yen’s pension income Japanese tax code regards pensions as incomes, so you need to pay an income tax from them. Persons who reside inside Japan are withheld their pension’s income taxes before receiving (Gensen Choshu). If your… Read More »
Government starts considering a plan to extend Japanese pension’s contribution period, but still not certain whether or not to get implemented The news like “contribution period of Japanese Kokumin Nenkin (National Pension) is to get extended by 5 years, to age 64” was reported (See the link below). According to it, Ministry of Health Labor… Read More »
From April 2022 Nenkin Techo is no more issued and JPS issues its alternative Japan Pension Service (JPS) had issued Nenkin Techo (年金手帳, Pension Handbook) to every member of Japanese pension systems, Kokumin Nenkin and Kosei Nenkin. However, from 2022 they don’t issue Nenkin Techo anymore, and instead they issue Kiso Nenkin Bango Tsuchisho (基礎年金番号通知書),… Read More »
Females born before April 1 of 1966 can receive part of Japanese pension before age 65 It is the basic rule that you can receive Japanese old age pension from the date of birth at age 65. However, females born before April 1 of 1966 can receive part of their Kosei Nenkin (employees’ pension insurance)… Read More »
You don’t need to submit a form while you reside in Japan If you have got a qualification of Japanese old age pension, then you can receive it, basically, at age 65 and after. You apply it to Japan Pension Service (日本年金機構, JPS), and after JPS accepts your application they will transfer it once in… Read More »