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National Pension Plan |
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The National Pension Plan is a program with the goal of ensuring a secure source of living for such times as when a person gets old, or when a person becomes disabled after an illness or injury. Those Who are EligibleThose who live in Japan are between the ages of 20 and 59, and are not members of other public pension plans. Enrollment PeriodTo receive pension benefits, a minimum of 25 years of premium payment is required. However, for those who have paid pension premiums for a period of six months or more and are unable to receive pension benefits because their length of stay is too short, a lump-sum withdrawal benefit is available upon application within two years of returning to your home country. Pension PremiumsPremiums are paid on a monthly basis. The amount of premiums is determined annually. Pension BenefitsPension benefits are payable from the time a member is 65 years of age. If a member so wishes, he/she may receive a pension from 60 years of age, however, the amount is reduced. Pensions may also be payable to those who become disabled due to illness or injury and to surviving family members when a subscribing member dies.
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