From 25 Years To 10 Years: Check Your Pension Status!

The partially amended Pension Insurance Act became effective on October 1st, 2016. Due to this change, the minimum payment period for eligibility of pension allowance was shortened from 25 years to 10 years as of August 1st, 2017. It is estimated that the number of people who are immediately eligible is around 640,000.

For more details, the official English/Japanese leaflet from the Japan Pension Service can be found here: [Japan Pension Service Leaflet]

Important notes (from the leaflet):

● If you satisfy qualifying condition under this new pension law, you become eligible for benefits in August 2017. You can apply for benefits from August 2017.
● There is no change in pensionable age for old age pension.
● There is no change in qualifying condition for survivors' pension and disability pension.
● If you are currently eligible for survivors' pension or disability pension and you become eligible for old age pension this time, you may receive one of the benefits, or your benefits amount may be the same, even if you apply for old age pension.

The General Union recommends that you check your pension status with your company or the pension service itself (via telephone or via NENKIN NET) as soon as possible to ensure that you get what you're entitled to (as is your right).

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