Notice regarding the public pension system

2023/09/01 Friday Announcements, Culture and Leisure

Any worker can get sick or injured at some point.  We don’t know how long we will live.  Therefore, as long as we live, risks are inherent and unpredictable.  One form of social insurance created to deal with these risks is the public pension (retirement) system (Kouteki Nenkin Seido 公的年金制度).

The Public Pension System is a system where every month the applicant pays an insurance fee to receive regular cash benefits in case of disability or when he/she gets old.

All people aged 20 to 60 years old living in Japan are required to apply to Kouteki Nenkin Seido, regardless of their nationality.

When leaving Japan, those who meet the requirements can receive a one-time withdrawal payment.

For those who cannot pay their National Pension Insurance (Kokumin Nenkin) contributions, there is a system whereby payments are waived.

You can read an explanation of Japan’s public pension system in several languages ​​on the Public Pension System website.

Available in Chinese, Portuguese, Indonesian, Thai, Burmese, Russian, Mongolian, English, Korean, Spanish, Tagalog, Vietnamese, Cambodian and Nepali.

The Japan Pension Service website URL is here

https://www.nenkin.go.jp/international/index.html

Prepare for life’s risks with Japan’s public retirement system.