National Pension Plan (Kokumin Nenkin) when he turns 20

In addition to the basic retirement pension for retirement, the National Pension Plan (Kokumin Nenkin) also has the Disability Basic Pension, which is available in case of disability due to illness or injury, and the survivor's basic pension available when there are no more members who have supported the family's livelihood. In the event of an emergency, pension will be financially assured.

Those who join Employee Pension Plan (Kosei Nenkin) are also referred to as National Pension Plan (Kokumin Nenkin)'s "second insured" andNational Pension Plan (Kokumin Nenkin) at the same time. National Pension Plan (Kokumin Nenkin) is a system common to all public pension.

If National Pension Plan (Kokumin Nenkin) pays insurance premiums for 40 years from the age of 20 to 60, he will receive a full retirement pension. In addition, a minimum of 10 years of premium payment period (including exemption period and total applicable period) is required to receive pension.
The insurance premium for 2024 is 16,980 yen per month. Premiums are reviewed every year according to changes in wages and prices.

Click here for an explanation of the basic retirement pension

There is an "insurance application exemption system" for when insurance premiums cannot be paid due to financial circumstances. . If you apply and meet certain criteria, you will be exempt from insurance premiums. Students have a special student payment system, and the payment of insurance premiums will be deferred upon application.
In addition, the "payment postponement system" will begin in April 2005, and if you are under the age of 50 and have difficulty paying, if you apply and meet certain requirements, the payment of insurance premiums will be deferred. The postponement system is different from the premium exemption system because it is examined regardless of the income of the head of the household.

National Pension Plan (Kokumin Nenkin) is a system operated by the government with responsibility. We have made a proper review, so if you pay properly, pension can receive it.