Category Archives: Japanese Pension System

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 »