● Becoming a Member of the National Pension system

● Pension Book

 You receive your Pension Book once you enter the National Pension or the Welfare Pension System. Please keep it in a safe place.

● Payment Term

 The National Pension is a system that all people with an address in Japan and who are over 20 and under 60 must be enrolled in. People such as company and government employees who have subscriptions to Welfare Annuity Insurance or Mutual-Benefit associations as well as being subscribed to the National Pension System are able to receive pension payment on top of payment of Remuneration Proportion Pension.
 For the Self-employed, there is a ‘National Pension Fund Association’ in addition to the universal pension, as well as the ‘Welfare Pension Fund Association’ that acts in addition to Welfare Annuity.

 ◆ Subscribers(insured persons)are separated into one of three categories.


 ◆ Aspiring subscribers

 The National Pension is a public pension system administered by the country. Previously the National Pension was aimed at independent business people, however, now office workers and government workers and all citizens between 20 and 60 years old must enroll in the system. The pension fee takes an important role as revenue to cover the Basic Pension.

● Insurance Premium Exemptions

 If you cannot keep up pension payments for the following reasons: unexpected sickness or injury, loss of employment, business depression etc, it is possible to become exempt from paying (e.g.: non-payment, 1/4 payment, half payment, 3/4 payment).
 The National Pension System is based on upon what is called the Basic Pension. It is separated into three categories: the Elderly Pension, the Handicap Pension and the Surviving Family Pension. Welfare Pension and Mutual Aid Pensions for Company and government employees are paid in addition to these three categories of the Basic Pension.(In order to receive Welfare Pension or Mutual Aid Pension it is necessary to fulfill certain qualifying terms.)

● Types of Payment

 This is an insurance premium system for students who have become working adults. This system is aimed at students enrolled at university, graduates, junior college, technical college, vocational school, night school, part time school and correspondence education etc. It can be used for those students who earned less than 1180 000 yen in the preceding year.

● Student Payment System

● National Pension

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 People from 20 to 60 years old make payments into the National Pension System. In order to receive your Universal Pension Number you need to have been making payments for at least 25 years.

 

Pension

● Amount

● National Pension

 

Resident’s Division: 391-1120
 Fixed Insurance Premium: 14,410 yen per month(price from 2008 fiscal year)
 Addition Insurance Premium: 400 yen per month (people in Group 1 only) National Pension Statements are available monthly, yearly or at fixed intervals. Paying in advance gives you a discount. We recommend you use the direct debit system.