Employee’s pension insurance (厚生年金保険, kousei nenkin hoken)
The Employee’s pension insurance applies to workers under the age of 70, except those who are employed as short-term, temporary workers. Employers enroll their employees at the Japan Pension office, and contributions are paid together with health insurance premiums (with some exceptions). Pension contributions are calculated by multiplying the same average monthly income as for health insurance by 17.828% (as of Sep. 2015). The payment is shared equally by employer and employee (to be deducted from your salary and bonus).
For more details please contact your employer or local Japan Pension Office.
Please note: All inquiries regarding Japan’s pension system should be referred to Japan’s Pension Office. Their English homepage can be found here.
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