Good news for foreigners! Qualifying period for pension shortened from 25 years to 10 years.
From August 2017, the qualifying period required when receiving Basic Pension and others is shortened from 25 years to 10 years.
If you have been a company employee and a member of the Old-age Employees Pension for more than 10 years at the moment of August 2017, you had to be members of it for 25 years, but now you can receive the pension from August 2017.
This law amendment applies to people have foreign nationality.
1- When can I receive my pension?
If you are years of 65 and older with the contract period of the pension, or are between 60 (62 for the male) to 65 years old with a year or more contract period of the Employees Pension Insurance at the effective date, you will be entitled to receive Basic Pension and/or special payment of the Old-age Employees Pension on the effective date. And, if you satisfy the requirements for receiving them after the effective date, you will be entitled to receive it on the date of satisfying them.
The pension can be paid from the next month of the month including the date of being entitled to receive them. The pension is generally paid in the even-numbered months.
The earliest payment to those who are entitled on August 1, 2017 and who finished required procedures is October 2017 (payment for September).
If you have already entitled to receive the pension, you will have received the Pension Payment Claims Form enclosed in a yellow envelop (Shortening of the Period) from Japan Pension Service.
→http://www.nenkin.go.jp/oshirase/topics/2017/20170801.files/1.pdf
Please fill in the enclosed document, attach the necessary attachment and submit it to the pension office.
2- How much pension can I receive?
The amount of the Old-age Basic Pension is determined by the period of payment of insurance premiums and the period of exemption, so the amount for each person will be different.
In addition, concerning the Old-age Employee pension, the pension amount will be determined according to the individual standard remuneration (the amount determined based on salary income for calculating pension).
3- Do I have to go to the pension office in order to claim the pension?
In case you cannot go to the pension office by yourself, it is possible to proceed by presenting a power of attorney to prove to the agent to whom the procedure was delegated by you.
Especially for foreign nationals, I think there are the following problems.
As application forms (called “Saitei Seikyusho” in Japanese) for receiving pensions and explanatory leaflets are all written in Japanese, it is difficult to understand the pension system.
Application forms must be written in Japanese.
Even those who have Japanese citizenship, it is said that pension procedures are difficult and complicated.
If you find it difficult to go through the prescribed formalities for receiving pensions by yourself, certified social security and labor consultant can proceed on behalf of you. Certified social security and labor consultant （called “Sharoshi” in Japanese）is a national qualified specialist on pension.
At MASHR Consulting, we will proceed on behalf of everyone who considers difficult to claim for pension in Japanese.
If you have any questions, please do not hesitate to consult MASHR Consulting. ↓
