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 »